Captital Raising, page-46

Originally posted by Len

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

Shortman just updated and is showing the short position going down. It's 4 days behind, but as of 2nd September, 2019 it was down to 8.92%.
Should be much lower now.

I think today is the last day to sell without entitlement. And Monday the sale of entitled shares begins. Who's selling first thing Monday?

Will be interested to see how much HVN falls on Monday as it goes ex entitlement to 1:17 shares.

On my calculation, the fall should be around 26 cents, hence shares should trade around $4.19.

I will therefore look to accumulate around $4.10 or on bad market days under $4