GXY 0.00% $5.28 galaxy resources limited

Short position increasing. Short 67.2m shares as at 9th Dec...

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    Short position increasing.

    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.
 
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