GBG 0.00% 2.9¢ gindalbie metals ltd

resaon for share halt, page-13

  1. 149 Posts.
    On the positive side, what if some "white knight" comes in, and jack up the price for GBG?

    In 24-48 hours, the whole street will know how many shorts are out in the open (besides those 2.4M listed on ASX). The shorter will have no shares (lending from Opes) to sell to keep down the price. Plus, as the price shot up, the Admin from Opes will sure calling the shorter for more margins quick.

    The share is much easy to jack up than dump it down.
 
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