PLS 4.38% $2.84 pilbara minerals limited

Ann: POSCO Backs Pilgangoora Stage 2 Expansion and Downstream JV, page-133

  1. 3,193 Posts.
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    There's currently about 140M short at the moment or 8.5% of total issued shares. That's quite a substantial amount and I'm fairly certain that rather than buy back during a run, they'll continue to short in an attempt to take the momentum out. I'm also expecting a substantial amount shorted. Perhaps even as high as 20% of all traded volume.

    In the end though, you can't help but feel we will be trading at much higher prices in several months.
 
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