The short sellers are continuing to disappear with the latest figure being 8.44%. On April 28th it peaked at 10.7%. Here is the graph and I find this an interesting site working on the ASIC figures without any delay:
http://www.shortman.com.au/stock?q=bly " > Boart shorts graph
The last time the shorts dropped out like this was last November and then shortly afterwards the share price doubled from 25c to 50c. The shorts dropped first before the share price turned around suggesting that they had a great influence on the share price.
Come on Boart, do it again
GPASAS
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- giddy up !
giddy up !, page-221
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