Agree, 0.02% shorted with 26,082 shares as of 25/1/2021 is...

Agree, 0.02% shorted with 26,082 shares as of 25/1/2021 is negligible given volume of 1.2M & 1.5M past two days. Shorters increased activity during September & October when the WCG takeover was announced with 205,615 shares shorted at peak & have been hanging around since in smaller numbers.

5GN     5G NETWORKS LIMITED               FPO                   26,082         113,789,181         .02

Shorted shares were nil 5/1/21- 11/1/21 (shorter/s on holiday) then as follows:
12/1 - 31,912. SP $1.32 down 6.38%, volume 860k (Takeover Panel Application announcement & shorting commences)
13/1 - 30,344. SP $1.335 up 1.14%, volume 226k
14/1 - 30,952. SP flat, volume 297k
15/1 - 44,510. SP $1.345 up 0.75%, volume 264k
18/1 - 72,799. SP $1.305 down 2.97%, volume 377k
19/1 - 60,552. SP $1.27 down 2.68% (bottom), volume 716k
20/1 - 38,006. SP $1.32 up 3.94%, volume 425k
21/1 - 29,772. SP $1.315 down 0.38%, volume 446k

https://www.shortman.com.au/stock?q=5gn

Shares on issue are 113,79,181. The above shorts equate to 0.03% to 0.06% of SOI.

Rising volume & MACD about to cross.

Last Panel Application news was on 2/11 & 23 days later by 25/11 there was news Panel Declines to Conduct.

This time Panel Application news was on 12/1 + 23 days = 4/2 should have similar news to last time, so anytime next week.

A couple of weeks later in mid Feb. the Half Yearly Accounts & Presentation will be released.