Looks like our Short Seller may be in for a Hit, 30k shorted on Nov 25th when we hit our lowest point for months A quick rise now in the SP will hurt the Bastard unless he has bailed out already.
OR, is he smarter than I give him credit for, Instead of selling on the ASX could he be converting to PRE, selling them in the UK then immediately buying back in on the ASX to close out his position. Smart move if he is, making a quick and almost guaranteed 10% on somebody else's money.
PM8 Price at posting:
$1.24 Sentiment: Buy Disclosure: Held
