LSR 0.00% 0.1¢ lodestar minerals limited

Ann: Commitment to Drill Program and Chairman Option Conversion, page-17

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,419 Posts.
    lightbulb Created with Sketch. 236
    My suspicions are that the a large share of the recent supply on offer ever since we hit 4.4c has been Mac Equity and / or associates shorting (borrowed?) stock in the expectations of being the broker for the next capital raising to cover the shorts at an artificially low price. If my suspicions are correct then RT has just dealt them a massive upper cut and they will be scrambling to cover those shorts now and we will see a few of the desperate type of posts trying to hold down the share price while the shorts are covered. Care to elaborate jplee? I suspect we will be back over 3c in quick time.
 
watchlist Created with Sketch. Add LSR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.