Thanks Mozza01. That's what I have been addressing for the last week and it seems to be playing out. I use the official ASIC positions numbers, which are the same as those reported by Shortman., and I was anticipating "something" happening, at least for the 25th and 26th of June. But, out of a total volume turnover of 52 million, there were only 12 million shorts closed. With little, if any, retail buying, that's what you have referred to, who bought those other 40 million, had to be the shorters continuing to tighten the screws. But, genuinely begs the question, why, at 4 cents?? Each pip would "return" around 40,000, less contract fees, probably nice when that seems to be the trend. IMO, only "positive", if that's the right word, is that one would think that Lake has no declared all the shite for the market to dogest and analyse. However, I still see an elephant in the room from that last update. They didn't update the cash position, which was still the 30 March one?? I'm still a strong believer that Kachi will be delivered and that Lake WILL form at least part of the venture partnership and I'm, and several friends who participated in the 2021 feast, are patiently waiting to see a sustainable opening. But, keeping in mind that the shorters have NO OPPOSITION, so, can play around as long as they like.
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