"Transpacific shares closed 0.4 per cent higher on Monday at $1.78, a 2½ year high." Only @ $1.15 now.
This was an exert from an SMH article in early March. Clearly FB doesn't undertake even the most cursory due diligence as the $1.78 share price was clearly a typo by the journalist. More likely he meant $1.18!!
Anyhow, FB's shorting tatics are working again for a 6c or 7c profit .... shame he actually put his short position on at 70cps.
TPI Price at posting:
$1.12 Sentiment: LT Buy Disclosure: Held