thetechtrader covers unis, page-17

Loogs,

You obviously don't understand how the arbitrage would work. Its pretty basic. The short may or may not ever have to convert to US shares. But if you look at the balances of late, they are starting to shift shares to the US market. Again, lagging is causing the drop. You guys have been waiting for this moment for 9-10 years and here you sit, waiting. The US market is taking action and buying, however when it sees that its counterpoint market does nothing or goes down, what do you suppose is going to happen in the US keep going up. No, its going to go down. Don't blame the US for the price not going up, just imagine if the US institutions hadn't been buyers. Why wouldn't the Aussie funds be interested. Is there not a single healthcare focused fund in the entire country. Seriously, you guys had a chance to drive this stock to the point where the shorts would have to cover and you did nothing. There are plenty of long term holders in the US but if you are going to give an hedgefund a 2-3% gift everyday, you bet they are going to take it.