Re: Looking forward to the short interest update....
in response to
by
posted on
Oct 21, 2019 07:25PM
narmac - I suspect you are correct in guessing the shorts were more of a hedging strategy. We peeked at just 700k short which is less than 1/2 of a % of the outstanding shares. Following the number of shares that were short it doesn't seem to have been much if any below 300k for most of this year. That was a pretty dangerous position to be in with Top Line not yet released without shares or warrants to cover if the TL delivery was outstanding. A hedge of some sort makes perfect sense.
As for the rest of it, it's all dreaming now. Looking forward to seeing the full data. Probably going to be an exciting AGM with many questions. Unfortunately many questions will not be answered because of the embargo.
tada