Hi @ramthegoat After a CR there is always a long period of...

Hi @ramthegoat

After a CR there is always a long period of churn. Brokers have lists of clients who can be called upon to contribute to a CR but they are usually only in it for a short term gain if they can get it. 11.5¢ to 15¢ is a 30% gain... the moment the price loses upward momentum the rush for the door begins.

There was a short selling interest but it bailed out when things turned against them.... but, if they judge the momentum has changed in their favour they might be back.

The market does have a large contingent of investors who hold, but there are many who just play the movement of prices. At the moment, the PoG is back rising again.... CAI (and every other listed stock) is a plaything of the market.

This is the chart of the short position as of Wed last week (which is the latest available public record https://www.shortman.com.au/stock?q=cai ). As you can see, as the pressure for a CR increased (and we had a resident down ramper) the short interest increased, spiked after the event (you frequently see a stock trade below the CR price) and then an exit. This time around I think the shorts failed to make it worth their while... imo.