There are many pieces of the puzzle but if Grech is saying to Kohler that this will take time to work out etc and lowering expectations this is not the type of language / tone if the upcoming Half Year Results are likely to be satisfactory. Also it is evident that the shorters are increasing their short positions and importantly did not close out their positions when the SP hit the 2.50's & 2.60's (this can only mean that they expect to close out at even lower prices).
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