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2.5¢ kalium lakes limited

could also be a holder who thinks a Mc is eminent.

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1,155 Posts.

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28/05/21

06:45

Post #: 53474998
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Originally posted by Gibbaz: ↑

Shorts building on SO4 ie. betting that the SP will go down.

It may simply be a holder hedging their position - having a position both ways until production is smoothed out and they are sure which direction the price is trending... or it could be someone or a group who see weakness in the company and want to profit from that - perhaps they have a "hunch" (or inside information) that the timelines, budget or fundamentals etc of the project aren't up to scratch.

As I said, it's a rather insignificant amount, quite normal - however KLL has no/very few shorts open. This shortman graph is lagging, there were another ~500k ($200k worth) opened yesterday alone.

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could also be a holder who thinks a Mc is eminent.

KLL Price at posting: 22.0¢ Sentiment: Hold Disclosure: Not Held
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0 Great analysis

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