There is just more to it than straight `shorters`. This is a high beta stock so it will garner shorts on Macro views (e.g. long XJO short Z1P) . basically a volatility play. Plus many other strategies.
All i am saying is that it is probably not straight out shorting Z1P in regards to the short balance. I went long on thu/fri (despite my reservations concerning BNPL) as I think things are overdone and I really like Z1P`s management. Also being no.2 in a sector is often where the big players will fish.
Anyway, love the serious thinkers on these posts ... sincere debate can only help us all.
Goodnight from an Aussie in Japan.
The Australian - Multiple suitors circling Z1P - DataRoom 7.40PM, page-124
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