ACN 0.00% 28.5¢ acer energy limited

Gringotts, it is being forced down.It may be because it is on...

  1. 5,001 Posts.
    Gringotts, it is being forced down.

    It may be because it is on the short sell list see below:

    List of Approved Short Sale Products and Approved Short Sale ETFs

    Including net Short Sale positions as at end of day 28-Feb-2008

    ASX Company Name Product/ Reported Short/ Short Sell % Short/
    Code Class Borrowed Volume Limit Borrowed

    INP INNAMINCKA PETROLEUM LIMITED FPO 521,500 18,745,304 .27

    This is telling us that 521,000 out of the 971,000 on Friday's volume was short sold.

    This may explain why it is getting sold down.
 
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