CNX 0.00% 7.4¢ carbon energy limited

more of the same, page-10

  1. 744 Posts.
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    read the announcement guys - it states that Kim Robinson sold his CNX "to assist in funding a substantial capital requirement in Kagara". He retains 2m options which will cost him $300k to exercise - I would suggest he still has a little bit of an interest in the future of CNX...

    let's just hope his trading luck is like mine... if I sell a stock to fund another purchase, the one I'm long goes left and the one I'm short goes right... a reverse double whammy!

    it is just a shame that Opes Prime isn't still around, he could have gone to them, pledged his CNX and got a loan for his KZL... Opes could have charged some fees, ANZ could have charged more, and some sleazy hedge-fund could have borrowed the CNX to short... ch-ching! everyone's a winner!




 
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