JWT,
ABC would have gone bust without the aid of short sellers. It was wildly insolvent, negative operating cash flows, some fun accounting entries and dont forget a raft of properly disclosed related party transactions.
The short selling vultures simply got in before the carion was fully dead.
The real quiestion with CPL is are the right or are they wrong.
Thats about it.
Good luck all.
Add to My Watchlist
What is My Watchlist?