SEA sundance energy australia limited

$2.04 price target, page-45

  1. 414 Posts.
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    Has anyone considered that the SEA shorts are actually a major TXN holder who is going to cover their short position with their converted TXN shares?

    It would have been much easier to short a large position in SEA than it would have been to offload a large amount of shares on market in TXN.

    This strategy would have you covered on the downside, but given you access to the TXN upside if another bid had of been forthcoming.
 
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