Ann: Becoming a substantial holder from MUFG, page-55

A few personal thoughts (not advice in any way):
1. I don't believe the number of shorters has increased for a while, the numbers seems to bounce in the 4.6 - 4.9% range which suggests that there are no more shares available to lend to shorters OR the fee to lend shares to shorters has gotten too high.
2. I think the market is expecting to see some revenue in the Sep 4C and if none appears, I believe the SP will get clobbered.
3. There will be many funds who have set mandates to either hold or not hold ASX200 shares and there will be a trading frenzy by these funds to rebalance by 18/09 when WBT enters the 200
4. I don't anticipate any serious SP growth this year but I do expect a steady climb over the next few years provided the company signs deals and continually receives increasing revenue

As many other LTH here, I have not enjoyed the past few months watching the SP take a big hit when fundamentally nothing within the company has changed (as far as us public are aware). I still very much believe in the product and the company and I am trying to block out the noise and focus on the bigger picture. Controlling emotion when investing is not easy....