Afternoon trading November 2, page-14

  1. 4,684 Posts.
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    Yesterday shared SYR potential Reversal Doji to watch this week: Exercise caution for the reasons below.

    https://hotcopper.com.au/data/attachments/5704/5704711-efab0759c76ac16a8545941990c9c624.jpg

    It has come to my attention that these recent "Becoming A Substantial Holder" announcements not only disclose that they are LENDERS to facilitate borrowing of shares to short sell,

    Since 25th October til today, it's done 75M shares. I suspect the range of lower highs from 76c to 70c have all been someone large position sizing along with the Insto's for a decline in price. What they know that we (Retail) don't, is yet to be found in hindsight. rolleyes.png

    https://hotcopper.com.au/data/attachments/5704/5704718-c93a4e95f81bbcae518f0bd572ff0ff0.jpg

    Some have already alluded to a potential capital raising of a discounted price adding further dilution and debt to the books. frown.png


    SENTIMENT STRONG SELL AT THIS POINT! eek.png Smells funk! what.png

    https://hotcopper.com.au/data/attachments/5704/5704720-1ad05c69a7ee181ca8481b77b3ca75c8.jpg

    Warnings were out even earlier....

    https://hotcopper.com.au/data/attachments/5704/5704724-7dd834161e45b062b4c8cceaadbff08a.jpg
 
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