Shorts Impact21 Nov 2023 09:31
On the 3rd Oct 23 the SP was 71p and Short position 1.41%.
Today (circa 6 /7weeks on) the SP is 39.5p and Short position is 4.92%.
it's a clear an indicator that we need that the shorts have created the volatility and the SP decline. The doom mongers are using the 'Rights Issue' as a means to scare off holders and potential investors with no evidence to back it off.
If the company are withholding negative information then that is extremely poor management from the BoD. If on the other hand, the BoD have a very positive update in December, then this should see us propel north swiftly.
AIMHO...GLA.