The only reason I can think of for Shorters to stay is .. they are counting on another CR when SP is in the Doldrums.. and the only way they’ll get anymore funding from the BEOT is if they are giving shares away at say 15c ? … other than that you’d think they would cover their Shorts and move on to something that hasn’t crashed yet.. because apart from CXO shutting up shop completely because the whole project is no longer viable ( if Spod price doesn’t recover sometime this yr ) what other news can the Shorters expect to drive SP lower ..
CXO Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held
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