DTE 0.00% 13.0¢ dart energy limited

Thanks Dangar,Regarding the ASIC reported short position of...

  1. 591 Posts.
    Thanks Dangar,

    Regarding the ASIC reported short position of 16M-17M shares, which is around 2% of the total number of shares on issue.

    If there is a sudden and significant rise in the sp, would that mean that those with short positions will need to 'close out' their positions in a hurry? For example, if news breaks in the UK that raises the excitement for the AIM IPO, or Dart win the fullerton court case or DTE make some great announcements about significant success / progress in other regions .... and the sp jumps past 20c towards 30 cents.

    I imagine that if they need to close out their short positions, then 16M BUYs would do wonders to the sp.

    Is my thinking correct, or overly optimistic?
 
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