Ann: Corporate and Business Update, page-153

I'd like to see the ASX follow South Korea and put a ban on short selling... Watching Syrah (graphite) stock get kicked down by high volume shorting is criminal and only benefits the big organisations and potentially decimates retail investors and trust in the stock and system. Just checking Shortman website it reports as of 27/11/23 that BTH shares are "only" 0.47% shorted (c.3M shares) which is tiny compared with say Syrah which is almost 17% shorted.

What this does demonstrate is pedigree of some firms like Regal who artificially manipulate stocks for their personal gain and at the expense of the investors and ultimately the company. Which begs the question, why would we get into a loan arrangement with Regal and offer them even more shares to manipulate with? Just because Cannacord recommended them as a finance option is an unacceptable answer.