Wonderful reading on ASX Shortsold pages.
The sustained rise in the IO price has forced short sellers to reduce their short positions by 50% to 75%, so short BHP now .01%.
I think these reductions are the best indication that SO of IO miners will rise.
Great news that the shorters have incurred very significant losses so far this year.
Hopefully Peter Costello will stop the Future Fund from shorting Australian companies.
Perhaps there is a lesson for Josh Frydenberg here to move to outlaw shorting.
Iron ore price, page-27954
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| Open | High | Low | Value | Volume |
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