asx short list, page-3

Current shorts on DLS are at 7.8% of issued shares: http://www.shortman.com.au/top, which is a significant increase from prior 12 months. Key increase was 15m (3%) shares on 28/04. This is a big punt and will mean that SP will either bolt to cover or drown.

Oil price movement is key for me and although strangely correlated, the high draw in oil inventory in the U.S. for the summer driving season will support current oil price rise, as will lower production in U.S.

In the back of my mind I am wondering whether 7 may be playing funny buggers with these shorts or if the firm that sold them to 7 could be the culprit...just wondering...