See this is where I'm confused again. When the CR was announced, there were posters here saying that this CR is needed to get the negotiations up and running for the remaining equity piece. This will give management the upper hand to finalise negotiations for FID.
Now all of a sudden, its bad shorters? What happened to the above reason, which justified the CR as a necessary, short term hit to the SP.
"So, you actually think the low SP for the equity raise is good for retail shareholder outcome?" No. What I'm saying is that if this is supposedly to get the shorters to exist their positions, then imo without them on the registry that will be better for the SP.
Again, overnight its quite clear sentiment shifted very quickly, and out of the blue.
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