SDA 0.00% 79.0¢ speedcast international limited

Ann: Ceasing to be a substantial holder, page-5

  1. 3,869 Posts.
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    Must have been an off market transaction - 6th Feb was during suspension - it was a return of collateral - so they must have found another holder to borrow them off to settle their prior transaction.

    Have to laugh that they incurred costs for holding a short during a suspension - obviously they didn't see that coming - or expect it to happen for as long as it did. Reality is we should expect a fall when the next announcement comes out - maybe they know something about the results and figured it wasn't worth maintaining the short?
 
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