The price may be dropping due to 'shorting'. There has been a...

The price may be dropping due to 'shorting'.  There has been a very low % of shorting whilst the price has been rising.  Once it stabilised around $1.00, the shorters most likely saw it as an opportunity to make money.  It will be interest if it has lifted once the information is updated next week http://www.shortman.com.au/stock?q=pbg


The good news, is that 'shorters' need to buy back in at some point.

So the price may drop in the short-term, but it must hold or lift again based on fundamentals.

Just the interest savings in the first half will give PacBrands a good lift.