CKA 0.00% 9.7¢ cokal limited

Ann: Ceasing to be a substantial holder , page-2

  1. 23,919 Posts.
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    It appears as though that short figure of 3-5M+ may indeed be correct

    If you check, Nomura borrowed 44,482,865 back on 12/3/2014 as they executed their rights under the Custodian Agreement to borrow the stock

    On the 29/4/14 Nomura and their broking department look to have purchased 1,022,476 and/or received them as a partial close of the short and returned them to Platinum bringing their net exposure down to 43,460,119.

    They have since returned the balance being 37,221,776 but appear to have outstanding 7,261,088

    Nothing is saying the entire balance is short, but it stacks up to the report of someone being short 3-5M+

    So here we have Platinum pulling all their stock back in right before Foresty Approval is expected, making a move to squeeze the shorter perhaps and ensure no stock available to mess around with upon their return ?

    Makes sense as the figures and everything stack up

    Hence why I think this constant and blatant manipulation is the short position has been put on notice to return the stock and they are getting desperate

    Everyone is saying approval is imminent, Platinum taking back their stock and the board in Indonesia - make of it what you will




 
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