Yesterday shared SYR potential Reversal Doji to watch this week: Exercise caution for the reasons below.
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.
Some have already alluded to a potential capital raising of a discounted price adding further dilution and debt to the books.
SENTIMENT STRONG SELL AT THIS POINT! Smells funk!
Warnings were out even earlier....
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- Afternoon trading November 2
Afternoon trading November 2, page-14
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