Hey mate, hate to throw a spanner in the works but everything i've been reading points to the shorters not having to cover the position if the company ends up being delisted from the ASX -
Even though these are US websites I believe the same rules/logic would apply here. As to what effect it will have, I have no idea.
A big unknown is also just how many funds/others have IHL shares that they need/want to get rid of. I think this could go either way, but regardless it will be great to watch and a good learning experience.
IHL Price at posting:
8.1¢ Sentiment: Buy Disclosure: Held