WSA just entered the top 20 most shorted stocks on the ASX by percentage @ 7.02%
According to shortman, WSA was the 2nd 'biggest mover' in percentage terms last week with the short position increasing 3.24% for the week & an overall 3.69% increase over the last 30 days.
On a better note, nickel spot hit USD 15,000 overnight. I'd say the price has held up quite well given the shorters efforts over the last few weeks.
Hold on tight, could be in for a bumpy ride!
News: WSA Western Areas Ltd Posts FY Sales Revenue $308.4M Vs $268.7M, page-5
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