The shorts are up yet again, now to 25.6 million (2.68% of issued shares). I believe that this is a historic high for IFN (both quantity and % shorted).
At some point they're going to have to buy back. I can only imagine what an order for 25.6 million shares would do to the share price ($1+?).
The shorts have definitely got this wrong. With Dutton's head on the block now the government is on the back foot yet again. Bill Shorten just has to be like Steven Bradbury and patiently sit at the back of the pack to take victory when all those in front of him fall.
And then a golden age for renewables will begin (though Labor will probably screw up every other aspect of the Australian economy which is why I short banks, Boral, Mirvac Group and a few others...)