GC. You may well be right; it may take a long while to play out.
Then again, my theory is that shorts are not all they seem. Large short positions will also have large long positions that are constantly being traded. Therefore if I am correct it will only take one big fund to shake the tree and reverse sentiment. No panic short squeeze (playing both sides of the trade) simply an orderly swing and steady change in momentum to the upside. If I am correct I suspect it will not take long (12 months) to restore fair value SP.
They are flooding supply because there is nonone yet offering demand to challenge their control of the SP.
I'm confident in this because there is nothing coming out of the company to suggest S&G will not continue with its excellent CAGR, as it has since listing.
- Forums
- ASX - By Stock
- SGH
- ASIC Issue
ASIC Issue, page-23
Featured News
Add SGH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online