DLS 0.00% 69.0¢ drillsearch energy limited

So g12mo are you saying that UBS through their service provider...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,668 Posts.
    lightbulb Created with Sketch. 45
    So g12mo are you saying that UBS through their service provider Warbont Nominees has or potentially has shorted 21m or about 5% of DLS?

    How likely would that be?

    And yes these are questions

    Shortman shows that short interest is in a downward trend while DLS is in an uptrend and is being touted as the stock to hold in the CB. I would have thought it would be a risky proposition to take such a large short position.

    My point was that people were prepared to borrow a lot to participate in a potential upside.

    As I asked if someone could confirm if what I am reading is correct not start an argument on half baked ideas.

    Furthermore, it doesn't make sense for SVG to take such a large position only to see the carpet being pulled out from underneath by a large short position.

    I am not being naive here just trying to understand the facts presented to me. I am also quite aware that anything goes and that there are people taking bets on both sides of the trade but I hardly think that DLS is in overbought territory.

    Cheers
    BW
    ___________________________
    And then is heard no more. It is a tale
    Told by an idiot, full of sound and fury
    Signifying nothing.
 
watchlist Created with Sketch. Add DLS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.