I have been waiting for the lag information to become available...

I have been waiting for the lag information to become available to do the below assessment.

It is clear now that the private placement was in part used to close stock positions. We can see the short reductions immediately prior to the new shares being registered.

Interestingly there was a 10% reduction in shorts in Friday 23/8. This was clearly on market.

We would need to speculate as to why, however my view is a few of the smaller short holders probably followed suit with such a big reduction a week earlier.

We are now at similar record low levels of shorted shares as we were in early 2020 when the possibility of MSC's being used as a potential treatment for COVID.

What dopes this all mean? Well that is the big question, that no -one can answer until we get further announcements.

However it is clear, that if the shorters want to clear shares, they will always have a method to do so minimizing risks. There will be small portion of 'amateurs' who will get caught out by a sudden announcement, but anyone with serious money will be in the know, one way or another.

As always, this is purely my own speculation and thoughts, so DYOR