Saragian,
ASIC reported that total short positions were about 4.5% of all issued shares as at the 16th of May.
That was what I saw yesterday.
Link : http://www.asic.gov.au/short-position-reports
There has to be a link between the announcement of the GCL deal in April and then the 20+ down days since then.
Anyway, hope that link helps.
gap down opening, page-15
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