SP1 0.00% $1.07 southern cross payments ltd

Help me children, page-19

  1. 261 Posts.
    lightbulb Created with Sketch. 27
    Are you sure they wrote it down?

    Are you sure they did not close their positions (i.e. buying off-market)?

    I'm of the belief that the primary markets offer a few weeks back was an insto closing their short with a purchase in the sub-10c pricing.
    I speculate this as I did get in touch with them to try to sell but couldn't reach agreement on price (I was trying for 30c as per the off-market thread, whereas the person I spoke to hinted at sub-10c pricing). The numbers add up... the number of shorts vs the amount that the client was putting forward ($1.5m * < 10c/share = > 15m shares).

 
watchlist Created with Sketch. Add SP1 (ASX) to my watchlist

Currently unlisted public company.

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