BRU 2.86% 6.8¢ buru energy limited

Ann: Operations Update, page-160

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  1. 46,749 Posts.
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    I was suggesting to Yatchy that his hypothesis on the shorts having to buy on market is not the only way of covering - I am not suggesting anything only the timing of the shorts going down was just after Ekkas off market sell.

    One possibility is Eric asked his broker to find a buyer so as not to trash the S/P by dumping on market - The broker could have sold them to the short seller - There are several other possible scenarios none of which I would canvass on here.
    Last edited by h00ts: 25/08/19
 
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