Yep.... shorters would need to keep it under $7.50 for an entire 4 months... that would be a long battle to wage. You would have to expect profit taking on the shorts now... the battle using fear of the $7.50 mark has been well fought but the game's up.
Might take a bit for buyers to regain courage though.
BNB
babcock & brown limited
response to asx query, page-9
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