KZA 0.00% 8.0¢ kazia therapeutics limited

Kazia Share Price, page-391

  1. 2,071 Posts.
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    daveg- Someone in U.S. is doing the same kind of thing. My guess is that it's my least favorite fund, albeit one that owns a huge amount of KZA.

    They're a Long/Short hedge fund, playing short for (US) pennies. They'll get burned on their short bets eventually, but have so much stock long that

    they'll make bank when share price rises, and they can always replace shares sold short with shares they already own. It's a game to them.

    Also no disclosure on what private (retail) investors in the U.S. own. There are certainly stupid (considering it's already bottomed) shorts still holding

    positions since the November spike.
 
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Currently unlisted public company.

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