Chart Update, page-2994

…. I know others have been waiting with their breath bated to see what happened to NRW’s shorts after its’ excellent half yearly results.
So here’s a chart to set the scene;

https://www.shortman.com.au/stock?q=Nwh



Yes, they were milling about last Wednesday  - all 10.2+  million of them.
It was the day before the results.
The price here was almost 28% lower than lower than current ($2.22).
Those shorts were feeling perhaps a little trepidation?
… BUt  all up they were way more cocky and self assured than they had been  back on January 18, 2021….

(That was when last year’s half yearly results caught them unawares)
(… with their pants down so to speak);



…Although as you can from the above charts, they fell away rather rapidly after some initial hay making (I guess because their owners were selling out rather than loaning shares for shorting.)

…. We have to wait till tomorrow to see the next instalment.
But it may be a chapter full of nail-biting excitement and mayhem as we see what resulted when NRW set a fox in that shorter’s henhouse?

Tune in to see?

cheers