Hi BSJ
Because I think there is a good chance that the case could have merit. In my opinion it is certainly worth further investigation. Normally the funders would only go ahead if they thought they could win.
It is probably not related but the shorts have built up in SRX recently:
http://www.shortman.com.au/stock?q=srx
Ann: Foreshadowed Federal Court of Australia Proceeding, page-60
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $74.27M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.5¢ | $31.89K | 182.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4441631 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 2327697 | 36 |
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| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| SRX (ASX) Chart |