MND 0.31% $12.80 monadelphous group limited

Shorters

  1. 815 Posts.
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    Approximately 11% of the capital of MND is shorted. The share price has rallied from under $8 to $11.50 over the last few weeks. www.shortman.com.au shows no significant change in the proportion shorted (so they have not been closing their positions), http://www.shortman.com.au/stock?q=mnd

    The shorters must be sitting on considerable paper losses at present. I wonder what their strategy will be.

    Any comments appreciated.
 
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