NHC 2.74% $4.87 new hope corporation limited

did they over pay for Bengalla ?, page-15

  1. 1,009 Posts.
    lightbulb Created with Sketch. 4
    To me it looks like the shorters saw that the share price hadn't fallen low enough given the fundamentals and so thought they could still push it down, despite the low free float. And they seem to be doing ok so far.
 
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