SP1 0.00% $1.07 southern cross payments ltd

Ann: Appendix 4C H1 Q2 2019, page-53

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  1. 1,694 Posts.
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    User @MickySea posted on this
    https://hotcopper.com.au/posts/39767961/single

    "S3 is for warrants, see here:
    https://www.asx.com.au/documents/products/Attachment_F_-_ASX_Operating_Rules_Procedures_Amendments_due_to_MIRs_AGBs.pdf
    So it's probably the likes of UBS or Citibank or whomever buying in bulk so they can "borrow" to shorters (at least that's how I understand it)."

    I think he means 'lend' to shorters.
    I remember there was chat in the past of ISX being a shorter's favorite.
    Perhaps we may see that again, with a corresponding drop in share price.
 
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