Shorts to close........? For me, the Rockhopper news of yesterday was also something good for ECO. As was mentioned in the Irish papers.......companies may use the same legal case against the government of Ireland.
https://www.irishtimes.com/business/2022/08/25/frustrated-irish-exploration-investors-could-tap-190m-italian-precedent/ This is for me where the shorting is coming in, some people are betting that the green wokey brigage will stop the Gazania-1 drill before it spuds. So I dont expect the shorts to close until spud is about to happen.....so there might not be a run up in the share price until right before spud.....once its confirmed and no way it can be stopped, then the shorts will close out imo.