ADN 5.88% 1.6¢ andromeda metals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-107

  1. 2,005 Posts.
    lightbulb Created with Sketch. 1267
    Well that happens to be the world we live in.

    Brokers don't mind shorters; it increases their volume
    ASX don't mind shorters; it increases their volume
    Fund Managers don't mind shorters; they'll happily loan shares out. If the loaned share crashes, it will drag their fund down a smidgen, but they con't care as they are measured comparitive to others and most fund manager hold the same index/stocks
    Hot Copper loves the shorters; it creates more volume; and then more adds.

    I don't know the exact state of the debt funding; but it didn't start this week so I expect it is well advanced. Perhaps it is done and dusted, final signatures awaiting the uDFS. I don't know, shorters will respond they know in their own gang speak PMSL LOL bla bla, but they don't know.

    What I do know there are a few big announcements this month. What I do know is I expect a rerate on uDFS. What I do know is that our margins have increased, our sale price has gone up, shipping has come down, and Bob is razor focussed on CRM.

    Also interesting will be the short data in a few days; were those dumps from holders, or are shorters playing a risky game. The shorted stock will need to be bought back at some stage.


    Last edited by SignOfTheTimes: 03/08/23
 
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