WSA western areas limited
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Ann: Ceasing to be a substantial holder, page-12

  1. tomboy
    10,996 Posts.
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    12/11/20
    19:17
    Post #: 48836424
    Yep, UBS was shorting, their notices revealed daily selling and buying.

    $2 to $3 is the target looks like, an easy 50% move if it happens.
    The shorts of 9% will have to cover soon as we get near the $2.30-2.50 level as their margin evaporates.

    Dont bet against the NP right now in a bullish rerate.

    Burn them shorters BURN!
    WSA Price at posting: $2.05 Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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