Cornerstone investors generally come in at a market discount. Just like the cap raising whatever price they come in at I expect the sp to run towards it. If it's low and it disaapoints then the volume could be used by the shorts to cover.
I can not see the shorts being burnt. They have been benefiting from the go slow.
from my observation the shorts and the bod have a nice cosy relationship. And hence my disgust.
Arafura Rare Earth, page-21
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15.5¢ |
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Mkt cap ! $371.8M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 130 | 5496103 | 15.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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