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croser

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20/05/17

15:15

Post #: 24812322
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Originally posted by Celeste_C ↑

This I have noticed too! I think there are a few nervous shorters afloating. Particularly the ones that shows "not held" and "sell". In fact their arguments against the company is so vocal one can't help but be entertained by the thought if they are trying to convince others or themselves...

My guess is that Glaucus has long closed out. The ones stuck are the follow on sheep. Seriously time was just ticking for three days when SP was slashed. Even I was wondering when ASX would issue a query and a trading halt would be expected while the company works through it. I would have expected any shorter worth a grain of salt would have calculated a high risk of trading halt and closed out well before the 29.5 cents point.

Anyway the 34million outstanding shorts could get lucky and have the ultimate $0. In the meanwhile we all wait! After following this forum closely for quite some time, I am still undecided what the outcome will be.

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C your perfectly right, we have been continually warned to save our last 29c. We have decided not to take that advice. What is the point. It is too late now. The co is in TH we can't get out if we wanted to. The inevitable file for admin will happen before the shares before trading ever begins again. Why torture us withe these inane requests?

IMO

QIN Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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