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intelseb

3,327 Posts.

184

08/05/18

21:37

Post #: 32967910
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Originally posted by boy1 ↑

so again, just my ramblings only...

JP Morgans holding has went up 6.4m in the March 18 Top 20...

Funny enough, CS Third went missing from our Top 20 in March 18... They previously had 3.7m...

Id say, L1 Capital bought 6 or so million using JP Morgan Nominees, and has now entered into a hedging arrangement with Credit Suisse to net settle their account...funny enough CS Third now own about 6m.... so it appears to me at least that they are effectively borrowing stock from L1, and trading it, with a view to net settle and get more... Refer to the Annexures ..

"Prime brokerage is the generic name for a bundled package of services offered by investment banks and securities firms to hedge funds which need the ability to borrow securities and cash in order to be able to invest on a netted basis and achieve an absolute return."

So I ask, why are they trying to get their exposure at their highest point now???

They must think the SP is about to go up....

Considering that the Credit Suisse is European based... and London = Europe, and Randgolds head office = London... My money is on the gold deal eventuating within 1 week....

Credit Suisse want more BGS and L1 capital have enough too.

That's my conspiracy theory... BGS gold deal within one week as European funds have shown their hand and are at maxing BGS exposure.

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What do they know that we don't apart from the meaning of imminent?

BGS Price at posting: 51.0¢ Sentiment: Hold Disclosure: Held
11 Upvote

0 Great analysis

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