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Today I attended a presentation meeting from a listed investment...

  1. JUSTBOB
    2,027 Posts.
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    19/05/15
    19:16
    Post #: 15310643
    Today I attended a presentation meeting from a listed investment company (LIC) & asked the question about their shorting of ACR & if they had reduced their exposure as they had previously held a significant short position for a few years.

    The reply was, yes they had reduced their exposure, still had a short position & that they believed the stocks valuation was less than 30 cents per share.

    I am simply the messenger so I will leave you to form your own conclusions.
    ACR Price at posting: 92.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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