Further, does anyone actually believe that Squire Patton Boggs (the global law firm inviting shareholders that purchased GSW shares between 24 February 2017 and 19 January 2018 to register their interest in the proposed class action) will simply accept the company's Announcement this morning that it has complied with Listing Rule 3.1? Nothing more to see, move on? The share price is nowhere near the lofty levels for the period of interest. The company recently raised almost $100 million and a is for the most part, presumably, still sitting in their bank account. How much of this morning's buying is attributable to short sellers closing out their positions? This story is destined to end up in law books and lectures halls.
GSW Price at posting:
$1.29 Sentiment: Sell Disclosure: Not Held