Ann: IWG Investor Presentation - Apr 2016-IWG.AX, page-27

Interesting theory and very plausible, this downtrend had began long before Lind got involved and the same games were being played prior as well.

I was hoping there would have been a bit of a Eddie Sugar effect on it but they are yet to come into play although they keep getting mentioned they are 'working on it' in the background.

If it is the shorts, hopefully big announcement + short cover + large and fast rise = trend reversal.