STX 0.00% 23.0¢ strike energy limited

...most of the short selling over the period of the open STX...

  1. 1,836 Posts.
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    ...most of the short selling over the period of the open STX offer for WGO was hedged with WGO buying and covered with the 1-1 swap into STX...

    This is not comparable with the situation starting on Feb 14th!!

    As I wrote yesterday, the short selling during Walyering and SE drilling was covered with the last capital raising in Sept last year. And the very recent short selling was covered with the 1-1 swap from WGO into STX...

    But starting from yesterday it's a new short attack, because there is no obvious covering opportunity for the short seller...
    (we won't have a capital raising anymore after accepting the Hancock offer and the start of gas sales from Walyering in 6-8 weeks...)
 
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