To those with an open short position... is anyone not going to close that position by Wednesday afternoon? Surely the risk of a trading halt or positive reaction to the announcement on Feb 28 is too great to leave a position open on Thursday.
It follows that all shorts are going to have to close in the next three ASX sessions... likely to lead to a short covering rally? I am long and in it for the long term based on the fundamentals, but just interested in what the shorters and/or technical traders in the market think will happen in the next 3 days? Am I missing something in that assumption?
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
