Cheers, nord- yes, that report was a week old. The trend seems to be less shorts, though, which is usual after a capital raising- probably easy money there. GRY has buy recommendations on it, though. I really doubt it has too far to fall. Fortunately, they only did a placement and not a retail issue to come, or it would hurt sentiment further. Looking at IVA, for example, only a miracle will get the share price close to the raising price for retail holders.
The GRY SP is now 10% below the SI raising price. Any further falls and it would have to be a buy. within 3 weeks, this company has said it will have news- big news, too (but, probably not the DFS yet- latter half of Jan, 2013, according to AGM comments). Waiting game.
GRY Price at posting:
54.0¢ Sentiment: None Disclosure: Not Held