92E 0.00% 50.0¢ 92 energy limited

Apparently the short position is a result of a known tactic used...

  1. 26 Posts.
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    Apparently the short position is a result of a known tactic used by the brokers of the recent capital raise.
    Exactly the same thing happened over at Baseload Energy a few months ago when they did a raise. Won’t go into the details but this is a known way to make money by borrowing out the placing shares, it’s legal although very dubious. IMO nothing to worry about as they will have to close out and are probably in the process of closing out already.
 
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Currently unlisted public company.

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