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15.8¢ carnarvon energy limited

Make them pay!, page-64

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stagman

1,433 Posts.

10

08/05/20

21:55

Post #: 44522153
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Originally posted by gottalove: ↑

I too have wondered about that Sin and have had many a conversation with others about it.

I think it's reasonably obvious that the shorters are sitting there under the expectation, that AC will have to raise a bag of money to fund Dorado.

One theory I had, revolved around the shorters' exact identity.
I understand that finding out exactly who they are can be quite difficult. In a nasty twist, perhaps it's the same insto(s) or soph(s) who AC would normally approach when raising large amounts of money, but they've kept this dirty little secret to themselves. Their theory being, they believe they'll once again be given masses of placement stock for Dorado, pay back the insto whom they borrowed from, probably double up and go long and walk away rubbing their hands together.

If this is what's happening that's all well and good, but it does come with one potentially fatal flaw. What if there is no cap raising. Oops!
AC has already said they have multiple funding options and I can only imagine their faces, if he came out and said: "Yup....Dorado fully funded".

*Post is purely speculation by the way....and probably wrong.

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Wasn't there discussion on a CVN thread late last year about Vinva Investment Management being the shorters?

CVN Price at posting: 20.0¢ Sentiment: None Disclosure: Held
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Last 15.8¢		Change 0.003(1.61%)		Mkt cap ! $277.3M

Open	High	Low	Value	Volume
15.5¢	15.8¢	15.5¢	$16.58K	105.5K

Buyers (Bids)

No.	Vol.	Price($)
19	1029849	15.5¢

Sellers (Offers)

Price($)	Vol.	No.
16.0¢	627701	22

View Market Depth

No.	Vol.	Price($)
19	1029849	0.155
24	1455321	0.150
23	1055102	0.145
14	788333	0.140
6	631002	0.135

Price($)	Vol.	No.
0.160	627701	22
0.165	1832906	13
0.170	784287	15
0.175	975006	10
0.180	597382	9

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