Its all starting to make sense now, theses shorters can short all day now... drop the price to 1c if they will. I did think the 141M shares would be difficult to come by (that is 6.7% of all ARU shares), but Gavin has just shown our cards. It's amazing how these guys (shorters) would have known!!!
Gavin has just publicly stated that we need to raise $500M. That means 2.2B more shares on offer. No guesses where the shorters can get these 140M shares from... that's an easy task when you have that sort of raise over your head.
Well done Gavin (sarcastic) on that public statement! If you are saying this publicly, what is being said behind closed doors.... potential class action if this plays out as such.
Short Sales - Here is the latest look through, page-260
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $431.2M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $751.9K | 4.389M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 519867 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 3104135 | 19 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ARU (ASX) Chart |