Maybe not AUD related, because it seems the debt is spread between AUD/USD/EUR so movements should offset.
Something weird going on with the shorts. Aggr shorts jumped suddenly to almost 10m a few days back with no declared shorting the day prior. Seems that someone was not disclosing correctly, but ASIC tells me they can't do anything about overseas entities who apparently have free reign.
The large short position could imply a large seller is about to offload so maybe best to wait for the high volume dump if seeking to buy. Possibly a couple of million.
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- why is ifn getting hammered? any thoughts?
Maybe not AUD related, because it seems the debt is spread...
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