Appears Shorters must have got Heads Up before announcement made yesterday.
Looking at the ASX Shorts Lists for 27 January the short position in ACX was 0.15% (of Total Shares on Issue) this rocketed to 0.95% on the Shorts List for 30 Januray. Given the Shorts Lists is already dated when released you would think someone got in well before the Announcement
I lost money and I accept thats part of the game but this stinks when the punters get shafted by institutional traders.
Fair crack of the whip
I have listed my holding as Not Held as I bailed out yesterday
ACX Price at posting:
$3.03 Sentiment: None Disclosure: Not Held