WHA Placement Shares

If the WHA placement shares are going to be issued tomorrow (10th August) then the major selling would have been today.

I know my broker can short sell if there is confirmation that placement stock is arriving the next trading day. They can nett this position off without notifying ASIC. If its longer than 1 trading day they the broker will have to notify ASIC. At least this is what my full service broker has offered me if I needed it.

I can see that WHA was still at the $1 mark until 1:30pm which is likely when the share registry confirmed that the shares will be issued tomorrow.

Likely be a little more selling tomorrow but I do not suspect the fall will be as heavy as today. If I have to guess the selling tomorrow will be in the first hour or two and then a recovery.