buyback today?, page-47

"If you have a look at some of COW's other investments, you'd realise that $130m is a drop in the ocean to them. Of course they are not intending to waste it; but if it evaporated tomorrow they would hardly notice."

Jantimot ! you have hit the nail on the head there old son - It is a drop in the Ocean , they now have a member on the Cudeco board so whats another $100m loan at commercial interest rate ( if required ) going to be to them.

No doubt they will be getting a discount on their 60% offtake so why wouldn't they protect that investment with assisting the company to their mutual benefit,

Re Stumaccas shorting story. I am almost certain that M & G,s sponsored broker does in fact lend stock for the purpose of shorting ( most larger brokers do ) often without the knowledge of the stock holders.

I am pretty sure its the broker the pockets the fee, so if M & Gs stock is being loaned they will probably only benefit from the opportunity to more more stock at lower prices ?