Another drop in the shorts today. 6% now which is a huge drop from where we were. Axxion seeling yesterday in low volume seems to be the reason for the drop. Might be doing more of it today. Not sure why they are though.
Because they are no where near clearing what needs to be cleared. PI's will have to stump up almost 2 million now to cover Atlas and the MYPay share unfortunately. The other "mystery holder" that was going to buying us out at 8p must be laughing ;)
There is absolutely nothing positive in any way about it I'm afraid. Also I don't think anyone bought them. We had someone on today saying there was a MM aggressively trading it to clear an overhang. Looks like this was true. It is muggy punters that are buying them and that is why there is no uplift in the SP. Wake up guys.
If anyone seriously thinks this morning was a good performance they must be off their rockers. Anyone who thinks MyPay selling at half the price they got them for is kidding themselves. I have no resided to the fact that we are on a slippery slope and I don't see any further way up. 85% down now. I'm at a loss to say anything else to be honest.
have a MC of 6.3 million. Remember when it was 24m this time last year with almost halve the shares. Oh to be back in the good old days. Surely all the lads who are "buying" should have T1's due at this stage!