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North Sydney
It is a but late to be worried about short sellers. They are the principle cause of Arrium's situation. They destroyed the companies attempt to raise capital which caused the nervous nellies at the banks to want to pull the plug. The short sellers drove the share price down relentlessly and continued to suppress the share price when there was nowhere to go. One fund owned 17% of Arrium on behalf of big Australian superannuation funds that could have resulted in a $200Million + loss. Someone needs to conduct a forensic analysis of the Arrium receivership to see if there is a link with any of the entities trying to buy Arrium. There should be an analysis of where the shares that covered short sales came from. In the past enemies used to invade - now their hedge fund do the work

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