CVN 3.45% 14.0¢ carnarvon energy limited

who is the short seller, page-4

  1. 19,172 Posts.
    lightbulb Created with Sketch. 1838
    I respectfully disagree Bullant.

    We now have so much cash it's ridiculous and as AC stated in the West Australian newspaper article a while back, Dorado funds would be raised via 3 means. The third (cap raising), was only an and/or and now it's already happened.

    So IMO, no one would be shorting because of cash/flow.

    Secondly, shorting tends to be more of a short term gig and with Dorado flow rates on the horizon, potential Buffalo farmouts and drill programs for 2020 (which is now only 4-6 months away), you'd be absolutely mental to think that 37c was the "sell of the century".

    I've never been a huge conspiracy or rumour man, but there is circulating speculation that a Company may have paid an institution to borrow stock to short.

    Why?
    To keep the price down.

    Why?
    One word....and it starts with 'T'
 
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