KDR 0.00% $1.90 kidman resources limited

Shorters take note, page-81

  1. 153 Posts.
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    So, this means now all the trades are by shorters. Interesting dynamics as there are same number of buyers and sellers early in morning every day . . Before the market open trades of 500k start to appear and keep buy and sell sides apart by 5 cents. E.g. if open price is 90c then sell orders of 500 k are set at 85 c and sell orders are set at 95 c. During the day shorters make sure they buy and sell to themselves to meet their target. It seems one group off shorters are playing again the other group of shorters.

    I hope the retail investors or long term investors are topping up to force the shorters out of KDR.
    But unfortunately the lack of positive news gives shorters the power to continue the down play.

    It would be wise of management to issue the regular communication to shareholders about the confirmation of submission to minister and expected decision date until the issue is resolved.
    Imho, DYOR, GLTALH.......
 
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