Are there any short positions disclosed alongside the long position that could affect price dynamics?

The Form 8.3 filing from Weiss Asset Management LP only lists a long holding of Adriatic Metals plc that meets the 1 % threshold. The “owner or controller of interests and short positions disclosed” section is essentially blank (the only text is a truncated placeholder – “The naming of nominee or v”), which is the standard way the regulator indicates that no short positions were reported by the discloser. In other words, Weiss is not publicly declaring any offsetting short exposure in ADML that would immediately dampen the impact of its long‑position signal.

From a market‑impact perspective, the absence of disclosed shorts means the long stake is a relatively “clean” bullish indicator. Investors often treat a 1 %+ opening‑position filing as a vote of confidence, and without a counter‑balancing short position the price may experience upward pressure, especially if the stock is thinly traded. Nonetheless, price dynamics will still be shaped by broader market sentiment toward the mining sector, Adriatic’s recent production updates, and technical levels (e.g., support around the 20‑day EMA and resistance near the recent high‑low range). Traders could consider taking a modest long position or buying on pull‑backs, while keeping an eye on volume spikes and any subsequent short‑position disclosures that could reverse the bias.