Ann: Ceasing to be a substantial holder from MQG, page-24

I would say they did achieve their goals, because with the amount of shares they are loaning out and shorting, they only need a 5-10% change to make their clients very happy!
The fact they come back again and again shows that it is successful too. They wouldn’t be returning if it was failing or not financially viable.
There is definitely a pattern with their timing. It seems to happen at the end of each bull run up, when BPT hits some left field hurdle in the media, contractors going belly up, gas price caps, CEO issues, media articles etc etc. You go to any of those events and there will be a notice of MGQ getting involved. They also get involved when they see a major shift in oil and gas prices evolving.
As I have said time and time again, we need a share buy back from management to stop the games or at least limit the amount available to loan out and short. I would happily forgo my dividend payment to get these parasites limited in their activities or sending them away to another stock for them to play their games.
Management also need to get some more positive newsflow lined up. I know the big positive news events are due for 2nd half 2023 but there is still a few months until then. Hopefully we get some good unexpected newsflow coming up prior to then and get this share price back towards $2.
The oil prices have actually done quite well in recent weeks despite all the negative geopolitical issues in relation to oil. The shorters have definitely had their impact to get down to $1.40 imo.