He is getting his info from this document.
http://hallgartenco.com/pdf/RareEarths/ASM_September2020.pdf
And this is their credibility:
Published on On 30 Sep 2020
Price (AUD) $ 2.11
12-Month Target Price (AUD) $ 1.50
Actual price on 24 Sep 2021 $10.11 (remember their target was $1.50)
So how many in that firm took the author's advice to short the stock? After all he is an expert, albeit with other people's money.
Anyone who would have shorted it expecting a target price of $1.50 can send them a "thank you" card.
Ann: Managing Director and CEO Transition, page-249
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46.0¢ |
Change
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Mkt cap ! $83.38M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 46.0¢ | $86.14K | 183.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 33837 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 3000 | 1 |
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