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Ann: Results of Meeting, page-25

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szopen

967 Posts.

359

23/11/23

15:05

Post #: 71070915
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Originally posted by SignOfTheTimes: ↑

@szopen I have those answers for you. I thought is was obvious.

If they have borrowed 8% and out of those 8% they have shorted 2.5% then they still have 5.5% lying there (long) ready to sell.

That remaining 5.5% is continous ammo to continue to cap the price and drive it down. They would never want to run out of available stock because then they can't sell into every announcement.

And the other resolutions... all are to do with spending money. Wages, Incentives, Remuneration, Chairman. The more ADN spends on wages etc the quicker money dries up and that is good for the shorters. They want to be able to make a mockery of salaries and they want money to dry up.

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You are not serious, are you?

Shorters going long, holding 5% of shares?

This would put them into Top 20.

This is not how short selling works.

ADN Price at posting: 2.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.9¢		Change 0.000(0.00%)		Mkt cap ! $28.84M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.9¢	$5.649K	646.8K

Buyers (Bids)

No.	Vol.	Price($)
47	16078734	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	17955586	20

View Market Depth

No.	Vol.	Price($)
47	16078734	0.008
59	32221369	0.007
38	17839490	0.006
17	13521000	0.005
5	7400000	0.004

Price($)	Vol.	No.
0.009	17955586	20
0.010	10364677	14
0.011	27376522	9
0.012	30045921	7
0.013	2310111	3

Last trade - 12.50pm 11/10/2024 (20 minute delay)

ADN (ASX) Chart

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