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if this 79mil share being closed. it will shoot up to 0.60 given the market depth now. if everyone hold. then short sellers have to push higher to close the position.
NSS 44mil as of 14 May.
good sight that they are rushing to close the short position. they closed 4 mil in a day. that's why the price shoot up ytd. I believe they will do the same today and tomorrow to reduce their exposure to below 20mil
my advice is if you holding it just hold it tight. don't let them close their position. eventually they will push the price up given there is no selling pressure.
LKC will start to dump when it reaches 0.60
still got 60% gain in short term
Extra 10m mainly due to accumulated shorting by C68 and C69 IB issuers for the win, now already expired eom. Unwinding of short positions will take place for new C70 and C71 for the positive flip soon?