Hi Yanks...I followed through on the link you gave me re- PB loaning shares to CS. The report referred to the No.1 Linc prospectus dated 25th November 2013.
I read the document(no mean feat) and tracked down the loan of shares between PB and CS and it states;
"37,453,184 Shares indirectly held by Mr. Peter Bond are the subject matter of a securities lending agreement (“SLA”)
entered into between Newtron as lender, and Credit Suisse Equities (Australia) Limited (“CS Equities”) as borrower. As at the date of this offering document, no Shares have been borrowed under the SLA.
See “Plan of Distribution—Other Relationships”.
I think most of the CS short selling was done prior to the document date.
With that in mind I dont think its fair to link PB with the shortselling unless something else can be brought to light.
I'm holding with the "jury still out" on the man until we see what truly develops with this shift to SGX.
Check it out it may cause you to reconsider???
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Hi Yanks...I followed through on the link you gave me re- PB...
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