Short 67.2m shares as at 9th Dec (last Friday) - worth circa $38.5m as at today but only a pimple when compared to FMG where they are 110m shares short worth almost $700m.
Can't go on for ever you would think and no wonder FMG have moved from $1.44 in February this year to $6.29 today albeit partly because of improved iron ore market - let's hope the same applies to lithium going forward.
GXY Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held