TA- majorly oversold - bounce coming, page-11

I guess it depends on what you call 'a lot'. 800K is 0.32 of a percent of issued capital, nowhere near the highest % shorted shares.
LJ The coy has put out an ann. that essentially says nothing has changed in guidance. So it is almost certainly shorters scaring people and driving sentiment. If that is the case, then it is a brilliant time for me to buy shares, just as there would be others trying to buy shares at cheaper prices by placing scary volume heavy sell bids. That's my take on it anyway.