VEN 0.00% 1.1¢ vintage energy ltd

Ann: Operations Update, page-70

  1. 71 Posts.
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    okaaok, if you go onto the 'short man' website then you will see that there is no shorting of VEN at the moment. There was shorting around the capital raisings which shows that shorters target companies that are low in cash and will need to raise. It may even be instos looking to lower the share price so they get a better deal for the capital raising, however, I have no information to back this up. The point of the graph below is that the stock doesnt appear to be shorted at the current time. Likely it is an over reaction from some and Regal are looking to lower their stock level to below 5% (currently they are just over 11%). Hopefully Regal are more controlled in their selling than they have been recently (based on the substantial shareholder notices), but the thing is, they must have most of their shares at around 6 cents, so they are unlikely to sell below this level, that would be others not Regal I would guess.
    https://hotcopper.com.au/data/attachments/2911/2911201-01b94efc657f3b0e5cbff7b6133cdec3.jpg

 
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