With Kidman's success, the short sellers are also on the rise.
https://www.asx.com.au/data/shortsell.txt
Their sales are pulling KID's price down.
They have not really dealt with KID and believe that this is a normal mine and hope that shareholders will sell if they push the price.BUT Kid is not a normal mine, Kid is one of the top mines in the lithium range and will remain successful... see the development of KID over the last 12 months and compare it with other mines, the others are still bobbing around at a low level. That is why the short sellers are not able to lower the share price properly, because no shareholder wants to sell NOW and instead always buy new shareholders
Well... I think the short sellers will not make a good deal with KID, but will have to buy very expensive - and thus help that the price rises even more![]()
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With Kidman's success, the short sellers are also on the rise....
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