Bugseye "Can anyone calculate the losses of TOILET and SUPAH HOOTAH DE GOLFA if the shorted the stock at 80 cents when AVZ start to trade or someone will offer a $3.80 per share...IMHO TOILET and SUPAH borrowed 1,000,000 shares each with an interest of 10 percent ..."
To be honest, I don't find joy in others' losses, even if they can be bothersome to me. My happiness stems more from personal gains. Therefore, I would prefer to calculate my potential profit if the future decisions of the courts and the response from the DRC government turn out positively for AVZ. In this scenario, a stock price near or slightly above the old all-time high would be sufficient to make me happy. If at all, for me experiencing prices above 2 AUD might only occur if AVZ starts trading at that level upon resumption, which I find unlikely. It's also possible that Nigel negotiates a takeover deal, and trading is not resumed. I am fine with that if the price is right.If prices above 2 AUD are achieved, I will donate a portion of the excess profit. I hope for a positive outcome for long-term holders like myself, but also that the short-sellers can come out of this reasonably well. Currently, the odds seem slightly better for the long-term holders, but there is still a challenging path ahead until the final victory.
Wishing everyone a pleasant Sunday and a successful week!
AVZ Price at posting:
78.0¢ Sentiment: Hold Disclosure: Held