Galaxy Weighing Up Partnership Options, page-156

Hey scully, no doubt its frustrating to many people.
From a short position there is no way out. Ausbil holds 9% of the shares they need to buy back.
If the Sp go lower funds like Ausbil will increase their holdings, they were prepared to buy at $4, they have no qualms buying now. Shorts lose more shares.
If the Sp rise, the market will start buying as a rising stock.
In the 80' a rogue trader bankrupt a bank. My believe is someone at MS has gone rogue and now trying to make the book look good without being able to cover. Trying to lessen the impact of losing $200mil.
The demand for battery is increasing and more funds want to be part of this growth.
Every so often shareholders get upset with management. But management is the reason many are invested in this growing business.
The purpose of shorting is to attack shareholders, who then attack management to slow progress, to benefit the shorting. The SP is down but the company is growing. Other than keeping the SP low, they have no effect on the company's performance.