Its fantastic news for all NZ companies as it removes the so called out of our control risks Jayne talked about. Even though A2M had no issues certain media talking heads could not help questioning that even for those companies that had no issues that there could of been further down the track.
If this release is a fact it will shut down any future talk of NZ import restriction or hold ups. The sphincter muscle of every shorter out their will certainly clench up that little bit tighter on the release of this news.
Looks like the tables have turned for them. Instead them waiting for the likelihood of news they could of used to their advantage to push the SP down out comes this at worst possible time and could set in motion a short close rally that could cause a sharp SP spike. Hard to feel sorry for those looking to make a quick buck with borrowed shares. They knew the risks before opening a short in a high stake game, quick easy gains go together with expensive, painful losses when you are a forced seller.
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