The terms of the facility look as though they are all in EHH's favour. It looks too good to be true. Why is this facility of benefit to Acuity Capital?
I am not sure, but I am suspicious. It looks as though this could be on open invitation for Acuity Capital - or an associate - to short sell the stock. The execution of the facility enables delivery into the short sold contracts.
This smells to me.
I would appreciate other comments and views.
EHH Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
