Market manipulation is very different from strategic shorting.
One wouldn't short 60 million for 6 month to manipulate price, way to risky. This can be done in a day, week, month. IMO
Sure if their were options or warrents available, this strategy might make scene.
I think the short have come from the belief that GOR wouldn't be able to execute a deal as good as they have and the believe that POG would drop in relation to US dollar interest rates rise.
Seams like the shorts are going away slowly anyhow.
Market manipulation is very different from strategic shorting....
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Last
$1.79 |
Change
-0.003(0.14%) |
Mkt cap ! $1.933B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.82 | $1.78 | $2.527M | 1.414M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 50673 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 73392 | 45 |
View Market Depth
| Last trade - 14.28pm 05/07/2024 (20 minute delay) ? |
| GOR (ASX) Chart |