u've answered you're own questions:
"IF" a trader.. who says its not a trader who is also friendly or inside. Or conversly someone trading who knows someone (else) will bid it up every night to about the same levels. There is a point where even the shorters dopnt want a stock to go... particulalrly if it means they get locked out of covering.
Official shorts... well what about unofficial... seen any of the headlines lately about undisclosed borrowed stock being used to smash stocks particularly small relativly illiquid stocks.
I could name a dozen stocks without thinking that "appear" to have been taken to the cleaners when fundamentals weigh against the same.
All it takes is a small slip, one bad quarter to open the flood gates to the undisclosed shorters... and the ASX allows this blatant manipulation...
My opinion only.
DYOR
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