correct. The only problem is what they are expecting or wanting ( a lower price to cover ) may not be what is coming. As Cokal make further announcements ( last week Peter Lynch advised a JORC upgrade is coming shortly just couldnt commit to a time ) the price should start to rise and the shorters who have been selling whether at 18c, 18.5c, 19c will have to cover sooner or later and if takeover happens they will be in serious trouble.
cokal shorters beware , page-3
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