GBG gindalbie metals ltd

future io price, page-6

  1. 5,497 Posts.
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    Thanks DrPWU

    Well GBG is the most shorted iron ore pure play then FMG. Both over 2%. AGO fairly high at 1.79%. Regardless all 3 are well above normal shorting levels on the ASX.

    I agree, a loan from CDB or BOC will see these shorts burn a little, unless of course the FOREX blowout is well above the market expectations.

    The problem with GBG is it has so many shares on issue so it has become a traders delight. Especially in this price range as a coupe of cents makes a decent % profit.
 
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