CVN 2.94% 16.5¢ carnarvon energy limited

Ann: Dorado-3 Drilling Update, page-69

  1. 3,344 Posts.
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    The
    The shorters have at least the same amount of information as us. Wouldn't they be looking to unwind their positions by now ?
    If there was a expected good announcement to come why would they be sitting like ducks in a row waiting to get stung ?
    Could it be they don't expect the sp to move on either a good flow test or the buffalo signing and they expect to be able to push the sp lower. What other reason would you expect them to have....potentially exposed to a large loss.
    I really don't know , but if anyone has a good argument to put forward I'm all ears.
    Last edited by stag11: 29/08/19
 
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