NHC 2.22% $5.07 new hope corporation limited

Ann: Convertible Note Offering, page-87

  1. ew1
    239 Posts.
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    That spike in short posi has been created by the short sale entered into by the issuers of the Convertible Notes to "delta" hedge the equity exposure of the Notes.

    Soul Patts is actually providing the stock for the short sale ie lending it.


 
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