$Torchlight Energy Resources(TRCH)$For people who want proper information on short position, I suggest you all use Ortex to see the daily and hourly short movement. As of now, short position is at 47.5m shares. Today4m more shares were shorted. The short sellers have not withdrawn yet.
All shorts have to be covered before the 30th.
Current borrowing cost is 197.5%
Yesterday borrowing cost is 697.5%
Best opinion I can give anyone is to just hold until 30th. If we don’t sell they have no shares to buy back. Then the short sellers will really be shitting their pants.
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