To me your comment did not suggest a guess but rather the implication of fact based on information from discussions with Passport as to what they were doing.....I was interested as to why a fund managing US$3.4b was using HC to discuss its actions.
Have I spoken to Passport in the past, sure, recently, no, do I think they are finished, no, do I think it was a margin call like it has been suggested, not a chance. When you run $3.4b you dont sell AU$80,000 in a very illiquid stock like CBS to balance the books.
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5.0¢ |
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Mkt cap ! $142.4M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 157818 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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5.2¢ | 100000 | 1 |
View Market Depth
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1 | 157818 | 0.050 |
10 | 1340443 | 0.049 |
10 | 804980 | 0.048 |
7 | 1275000 | 0.047 |
2 | 85000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 100000 | 1 |
0.053 | 100000 | 1 |
0.055 | 645580 | 3 |
0.059 | 118824 | 2 |
0.060 | 37776 | 1 |
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