I know it s not personal no offense taken But it s easy to...

I know it s not personal no offense taken
But it s easy to generalize.
Ok 55% of the registry is held by the top 20, who would come up with a risk reward scenario where it would be a good idea to borrow part of it and short it (assuming you can)? Another announcement like the CSIRO one down the track and you are down 50% and you have to cover your position with ever decreasing supply
These people do think too. That s a scenario more likely to eventuate down the track not now.

As for the 80% comment we are talking years down the track, can you guarantee that RAP will be a successful long term business? I can't.

I am not in love with MNQ, but in terms of shells well there aren't many buying a business who just got a tick of approval from something as respected as the CSIRO. Think about it, the agency is not flush with cash, they answer to the government, losses and expenses are scrutinized , they would have had to go through a fairly rigorous assessment

I don't know enough yet for me to have a sizable position though