It's ashame you guys are suddenly at each others throats. You both contribute a lot of good information. Maybe time to take a step back, there's another way.
BTW you seem to have some knowledge about naked short selling. What you suggested does seem to fit with what happened on the 17th November, but for the life of me i just can't get my head around why you would short this on the last day of trading on the ASX, and in particular why do it at a 12 month low, and add to that the complexity of redomiciling to the Nasdaq i just can't get my head around that.
It seems like a calculated move but I just don't get why. The only thing I can offer is that they genuinely believe it's going to fall on the Nasdaq. Or they are acting on behalf of a big player with the idea of being disruptive in some way.
Anyway I would appreciate yours or anyone's thoughts on this bizarre occurrence.
IHL Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
