1MC 20.0% 0.3¢ morella corporation limited

Ann: Change of Director's Interest Notice, page-6

  1. 273 Posts.
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    I could imagine two scenarios in which my idea of collateral makes sense:

    1: AB buys the shares of the shortfall but does not have all the cash and needs to pledge some collateral to the bank.

    2: AB is involved in the financing and has to give a guarantee backed by shares.

    In either case you do not want to risk all your holding,so you set up a new entity and transfer it just enough shares so that can satisfy the guarantee or collateral requirement.


    All just some ideas of my part and I might be completely wrong....
 
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