Ann: S&P DJI Announces September 2023 Quarterly Rebalance, page-11

I disagree - it wasn't the entry of WBT into the ASX 300 that kicked off all the shorting activity we have seen over the past several months. It was more to do with the last cap raise WBT did in March/April, the details of which were allegedly leaked by the brokers they used (see post # 68141935), which caused a major short position to be taken out immediately following (see "shortman.com.au"). WBT themselves did nothing wrong. Since then, the shorters have made repeated attacks on the SP. I think entry to the ASX 200 may prove to be a disruption to the current shorting activity. Initially, ASX200 companies will now have to buy the stock, before they can have anything to lend out to new aspiring shorters. I can't see a lot of shorters seeing much of an opportunity going forward given the SP has already been beaten down to below $4. A lot of shorters must be currently picking their best moment to start to buy back shares, given the low SP. And with the benefit of hindsight, WBT's decision to do a CR at $5 must be seen as a stroke of genius (with low dilution), given that they are now fat with cash to fully fund their immediate commercialisation plans over the next ~2 years. I'm happy WBT is now a ASX200 company (replacing BRN!).

All IMHO, DYOR