SP1 southern cross payments ltd
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What happens to short positions after demerge?, page-5

  1. aes411
    1,636 Posts.
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    04/09/21
    09:42
    Post #: 55828741
    I read @SeabreezeL as saying it's good news for shorters on the assumption they only need to return borrowed ISX.ASX shares, not ISXFEU shares and ISX.ASX becomes a shell with little value, so priced cheaply on market.

    But if/when it ever relists is a different matter. It could be several months away at the least.
    ISX Price at posting: $1.07 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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