BTU bathurst resources limited

Perhaps its just Matthews Capital having to hurry up the selling...

  1. 521 Posts.
    Perhaps its just Matthews Capital having to hurry up the selling by end Feb - and the short seller helping him along!

    Short positions outstanding indicated by ASIC short position reporting, the BofA change in sub and MC no longer a substantial suggests that the two positions on either side are similar.

    Another 20 million shares or so and MC will be all out - towards the end watch for big crossings around current levels I would think.

    Let's hope its the forced seller and not leaked negative info causing the sell off today. I lean towards the "forced seller" scenario.

    Good luck.
 
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