AIS 3.03% 17.0¢ aeris resources limited

Ann: MASSIVE SULPHIDES INTERSECTED BELOW AVOCA TANK RESOURCE, page-143

  1. 601 Posts.
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    Wow interesting experience, how was it decided what price to pay for the shares when they basically got delisted? That's one thing I remember from The Big Short, Steve Carrell's character had to close the shorts out well before he had made max profit because of the risk of company going under.

    Luckily for us Aussies it isn't the wild west of shorting, won't be seeing GME style 200%+ shares shorted or anything. Still interesting to see how just 2% of shares shorted on AIS is playing out when someone happily chomps all those short shares as they get dumped.
 
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