Good point, pagedown.
I expect they were already 10m+ shares short before today and it can only increase looking at today's action. If I assume today was around 15m shares short, then at some point they would need to cover 25m+ shares. I am not giving them any of mine.
I'm guessing they are holding it down until the rebalance date. If they are lucky, will be picking up quite a lot of cheap shares due to margin calls. After that, maybe with a little help on a long expected SGX announcement, they can do a massive covering or even accumulation.
- Forums
- ASX - By Stock
- DTE
- letter to asx regulators
letter to asx regulators, page-51
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DTE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online