"B. 51.8 Days to Cover - ..... this high number of 51.8 days, does not allow them the opportunity to exit quickly,..." (thanks @Joannie)
Frankly, I cannot fathom the carnage if there were to be the slightest uplift in share price, resulting in a scramble for script, they wouldn't even be able to panic quickly - let alone exit.
By the above numbers, I calculate that it would take at least until May 4th IF there were a price sensitive announcement and they were able to start tomorrow - which would not be possible until after the announcement cooling off period, hence May 5th earliest. (isn't the Cinco de Mayo the day of the dead?)
I am assuming those are trading weekdays excluding weekend and public holidays (April 7th, 10th and 25th).
If the above assumptions are correct, then why/how in the world would any sensible person allow themselves to be painted into that corner?
Boggle, boggle boggle.
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