Gross shorts are way up in the last week. At least four times as many shares per day being sold short as in previous weeks.
https://www.shortman.com.au/stock?q=bdr
If there is a capital raise in the wind, then the brokers would know it and their short clients will get a nice chance to cover with a discounted offer price. Offered to professional and sophisticated investors with a trading halt. Would have to be first thing Monday, otherwise too close to Christmas.
I wouldn't be against a non-renounceable rights issue, management would find this route a hassle though.
None of this really a problem through, as long as their able to raise capital if they need it (or they go bust) and that production is generally as forecast (or a lot of investors will walk).
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