NCZ 0.00% $1.10 new century resources limited

I'm expecting the 'shorts' position for NCZ to collapse this...

  1. 10,580 Posts.
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    I'm expecting the 'shorts' position for NCZ to collapse this week as I think the sub-underwriters(excl IGO) to the recent retail entitlement issue were mainly 'shorts'(some 20mil shares) and it wouldn't surprise if Cranston's entitlement shares(some 8.8mil shares) were also on-sold to 'shorts'.
 
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Currently unlisted public company.

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