LNC
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0.00% 99.5¢ linc energy ltd

Guys,This explained the sudden collapse of Linc on yesterday...

  1. ML173
    9,580 Posts.
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    03/10/13
    12:41
    Post #: 12402729
    Guys,

    This explained the sudden collapse of Linc on yesterday afternoon:

    5,822,038 shorted... about 1.12% of the company shorted in the afternoon.

    This must be from purchasing a closing coal mine on credit card... Not by moving to Singapore...

    http://www.asx.com.au/data/shortsell.txt
    LNC Price at posting: $1.26 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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