The shorters have in excess of 16 million shares shorted in esg.One would imagine that they keep a very close eye on the stock.They must have had a bad case of indigestion on friday at about 2.00pm,as they started to buy the stock back at a great rate.They must think good news is around the corner,maybe a mou or some good flowrates.Lets hope esg brings some good news out tomorrow when the melbourne boys are on holidays and there is not alot of stock to buy back.
ESG Price at posting:
72.0¢ Sentiment: ST Buy Disclosure: Held