SYR 3.51% 27.5¢ syrah resources limited

Note that ASIC is unable to confirm that short sellers are...

  1. 475 Posts.
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    Note that ASIC is unable to confirm that short sellers are providing correct data (as per ASIC website). If this is a high conviction short from hedge funds, I would have thought the short positions would have risen with current share price strength, unless they had already maxed out exposure. Alternatively, some of the positions could be a hedge. More likely is the hedge funds are still doubting product pricing (which is not disclosed) in which case the shorts might hold positions until there is firm pricing evidence.
 
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