Just look at the way shorts maximise profit is if every business they touch goes bankrupt. They help no1 and have bad intentions and exacerbate negative situations. They feel their losses are capped on this one because of the failed bid they see potential losses very small in the short term. As it is not going to trade above 1.2 before the next profit update even if it got another lower takeover bid. Just vultures I hope they burn a little.
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