SYA 4.00% 2.4¢ sayona mining limited

I am still learning about shorters - therefore asking...If this...

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    I am still learning about shorters - therefore asking...
    If this was dated on March 24 - Friday- that means the shorters have inside information since the proposal was announced on March 27th, and they got out before the announcement. Would this be a correct assumption?
 
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