OCV octaviar limited

king stepping up media spin campaign, page-2

  1. 4,293 Posts.
    "On the morning of January 10, 2008, Mr King received a gut-churning call from an institutional broker who warned him that hedge funds were looking to 'short' his company to 'zero'."....cont

    ...."The falling share price that Friday -- January 11, 2008 -- triggered a margin call on then MFS director Michael Hiscock's shareholding, wiping out his personal stake in the company."....cont.

    ...."My job was to see all risk and manage all risk, even if that risk was fair or unfair."...cont.

    Shorting announced!...RISK....fair? or unfair?
    these are the parts of the article that strike me as interesting.

    Fair means what? legal? justified?just possible?for whom to profit?
    Unfair means...using knowledge and the system to gain unfair advantage over others?

    Should that be possible and even pre-empted?
    Should that be investigated?
    Should the system/act allow it?

    Creditors cant be impressed...and shareholders are vulnerable...if the regulators of the system do not address this.imlo

    I hope that they might be looking at the trading threats out there.



 
watchlist Created with Sketch. Add OCV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.