There was some big volume there. Would need chi-x volumes for the day to get the real %. For example chi-x is 25% of the volume today might have been similar on those days and bring the % back to 30-40%. The figures are only compared to volume traded on the ASX.
It is essentially a traders stock. I think there are a few trading desks recommend their clients trade short this stock. You cant hold a short too long because of the cost and risk involved. It costs me about $3 a day for every $10,000 worth of stock I have short sold. These positions will unwind.
Chart, page-9302
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