Bots have been playing around with BBG to stop a massive run... they are covering positions in an orderly fashion... why would someone bot such a illiquid stock? what is their agenda? they can make heaps more money botting AGO (difference between 1c and 1.1c is 10%).
From the peak on the 7 July (5.47 mill total shorts) to now 18 August (4.82 mill total shorts)... they have covered 650k shorts... this is a big number considering that from 27 July to 23 August total trade volume was only 1.55mill.
BBG Price at posting:
$1.57 Sentiment: Buy Disclosure: Held
