The Australian chief executive of Silicon Valley outfit Kinetica has warned of"hubris"among overvalued technology firms
It was 9.14am on Thursday. An innocuous tweet signalled that a multibillion-dollar hit job was about to go down.
Fresh trouble for Boris Johnson made for another flat day for local investors.
Wisetech has offered its most robust response to allegations raised by short seller J Capital but its founder Richard White has ruled out taking the battle to court.
Short seller target Wisetech has been backed by one of institutional investors and a local analyst with the incendiary report from Beijing-based J Capital labelled a"hit job"by Morningstar's Gareth James.
The ASX was pushed into positive territory on Monday in the final minutes of trading,despite significant falls in Treasury Wines and Wise Tech.
WiseTech shares were trading for just 47 minutes on Monday before another report from Chinese short seller J Capital Research triggered a share rout and another trading halt.
Short-selling hedge fund J Capital Research remains defiant about its claims that WiseTech has overstated its earnings despite rebuttals
Wisetech issued a response after the market closed on Friday to claims by a short-selling hedge fund J Capital Research of overstating profits and using accounting tricks to cover its tracks.
Australia's market closed higher after a light trading day,with much attention focused on US-China trade talks later this week.
The ASX dropped 32 points on Tuesday after the fourth biggest company,CSL,went ex-dividend.