The short will try to keep this stock price low as they can’t afford to let it run away as there is so much shares shorted. It would create a massive damage to the shorties, and push the price to the astronomical level when they are forced to buy it back. No wonder they did not let it go beyond 52 cents as they would force major funds to buy it to make their situations even worse. Well played indeed.
LCK has another illustration on their corporate update on 26 Feb 19 giving us an overview of the market leaders (no oil inclusion in the report). We are pretty much a low to mid tie player, so consolidate with LCK would make us one of the biggest gas producer in the world. It is in my dream.......
