IDL 0.00% $1.27 industrea limited

cfd and short sellers

  1. 17,117 Posts.
    might explain the low prices for an otherwise successful company..........see the asx website......78 mill shares subject to short selling as at 20.2.08 or about 10% of total shares on issue........its in the interest of short sellers to keep it down.......they dont even have to own the shares to do it either.......imagine 10% of the total shares being shorted can really affect this company....I took advantage of it and bought some more on the cheap........
    btw idl must be about to give us some more good news soon
 
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