Sin nikel.
I can see the possibility that Nero could do a deal with Vinva and sell them the 60,000,000 shares they need (at a premium to current price of course) to close out their short, but I don't believe that'd be their strategy.
I'm sure when board meetings are held, Nero would see the obvious benefit in holding their stock tight and forcing Vinva to buy on market.
For Vinva to have to work through our rapidly decreasing sell list in order to close out their bloated short position, it'll send the share price through the bloomin' roof. Certainly far higher than any deal they may cut while the share price is still in the toilet.
No, I believe Nero is here to stay and I believe Vinva has panicked......and are now changing their soiled shorts
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No. | Vol. | Price($) |
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1 | 7399 | 0.150 |
18 | 639554 | 0.145 |
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Price($) | Vol. | No. |
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