So, as I am struggling to understand the mechanism, have they...

  1. 1,124 Posts.
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    So, as I am struggling to understand the mechanism, have they taken a long on derivatives, been caught out on the SP, then unwound on a long squeeze?

    Does this mean that someone also purchased the swap?? Will they become a major holder at some point?!

    i have read and re-read the announcement, but am simply unable to quantify what has happened.

    As Peak is a major holder of APAC, who has Bretty on the board, was he unaware of this situation?

    Cheers for any clarification.
 
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