A meagre 770K shares were shorted within the last 4 day window.
Punters are getting sick of waiting for TO updates, BCM deal fell through, general market sentiment... are all contributing factors. Nevertheless it's held fairly well in light of the above.
Make no mistake, if this proves to be another sham TO offer, LNK SP is going to be punished and then some.
Assuming TO is going to go ahead, the SP is entering interesting territory for a trading parcel rebuy.
LNK Price at posting:
$5.21 Sentiment: Buy Disclosure: Not Held
