PLS 0.37% $2.67 pilbara minerals limited

Day to day discussions on S/P, page-9504

  1. 1,594 Posts.
    lightbulb Created with Sketch. 480
    Column 1 Column 2
    0 Current position  
    1 10th April, 2019* 9.09%
    2 Change  
    3 1 day 0.16
    4 1 week 0.17
    5 1 month -0.63

    Shorters rampant!
    30m new short positions in 1 day!
    168 m total shorts.
    I don't understand how the shorts will unwind their positions.
    Going back a while we were thinking about a capital raising (favouring the shorts), but now the Partnering strategy completely negates a capital raising and exposes the shorts to a sudden market cap re rate, subject to completing a Partnering deal.
    I think I too will turn the computer off until "mid year" when PLS expects the Partnering deal to be announced (or they decide it's business as usual without Partnering) !
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.