Mr Lougher & Kidman Resources v. Ors, page-109

http://shortman.com.au

18.58% shorting yesterday.

Total over 3 days (including today) they have sold (and induced others to sell) more than 3 million shares but they have only been able to bring it down from 48c to 47c.  I say it is a failure and it is a suicidal shorting.

One big buyer get in and it can be back to 50cents easily.  But the most important thing is: even if they can bring it down to 44cents-45cents, when It moves up, it will move up very quickly.

We all have seen short-selling many many times over but this one is very different.  Clearly there are not many induced into selling.  Geez, more than 3mil shares to bring it down only miserable 1cent.

Cannot wait to see these bastard short-sellers busted with a trading halt or a positive news announcement.