Only 2.4% shorted on Thursday. We have to wait till Tuesday...

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yensog

515 Posts.

18/02/17

16:25

Post #: 22722755

Originally posted by denbo ↑

It was pointed out to me last week that the 23 million that changed hands on Thursday was almost exactly the same number as the amount of shorts still in circulation from 2015 when they was purchased around the $3.50 mark.

Nice earner for someone if that's the case.

Maybe the purchases on Friday was just left over from the day before where more was purchased in speculation of SGH demise.

Anyway - after about 12:30 p.m the main action was over and it was mostly only bots doing stuff. There was a real purchase of at least 250,000 for 17.5c after the market closed on Friday.

I guess those people with access to shorts information will be able to confirm or otherwise.

I'm hoping these shorts have now closed - they've been like an albatross round our neck.

Because if, indeed, they have I guess the money people will now be keen for the SP to recover so they can make more on the way back up.

So ... I may have my head up where the sun don't shine.

que' sera sera.

Expand

Only 2.4% shorted on Thursday. We have to wait till Tuesday morning for Fridays figures.

Please note: The sales is only on ASX volume

Column 1 Column 2 Column 3 Column 4 Column 5 Column 6

0 Date Gross shorts ¹ Issued capital % Capital shorted ² Trade volume ³ Shorts as % of volume

1 Thu 16th Feb, 2017 366,412 352,377,933 0.10% 15,112,170 2.42%

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6
0	Date	Gross shorts ¹	Issued capital	% Capital shorted ²	Trade volume ³	Shorts as % of volume
1	Thu 16th Feb, 2017	366,412	352,377,933	0.10%	15,112,170	2.42%

SGH Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held

3 Upvote

0 Great analysis

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