I guess you are right mate.
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I'm not sure that UBS themselves do the shorting. I think they just lend the shares that shorters use. But it makes sense that they'd stock up in anticipation of some heavier shorting activity.
I would suggest anyone who is having doubts about this short term drop to take a deep breath. Now go look at the 2016 numbers next to the 2017 numbers. Next, look at the 2017 numbers next to the 2018 numbers.
This company is growing at a massive pace. These current fears about China, Trump, etc. just don't hold up in the face of the maths. Stay the course. Don't be rattled by emotion based drops in the share price. Remember that for every seller there is a buyer. That guy buying understands the maths and the silliness of short-term irrational markets.
This thing is gonna fly. Has ALREADY flown. Now steel your nerves and enjoy the ride.
Any updated Lyttleton shipping data available?
Over past 3 days(incl today) on ASX after market close parcels of 800k, 800k and 780k were crossed. Someone is soaking up nicely.