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.
- Forums
- ASX - By Stock
- SEA
- $2.04 price target
$2.04 price target, page-45
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SEA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online