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01/03/08
17:23
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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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