Our resident white ants.
Patrick, if you're following HotC, you could easily napalm this short crew if the forthcoming debt component is announced days/weeks before the CapRaise component.
If it was announced to the market that $60m in debt has been secured then ADN's s/price would go to 4 cents and absolutely torch the shorters who would be forced to buy back - sending the price to 5 cents.
Then do a CR at 4 cents. 2 birds, one stone
Short selling from the inside?, page-29
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.14M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $13.76K | 1.637M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 17425801 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 16335345 | 19 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ADN (ASX) Chart |