You are correct.
On the 8 Sept 2011 YBR issued 32m shares to Nine.
They were escrowed for 12 months and are now to be listed.
I agree, with 9 looking like it is about to topple over, the administrators will be looking to offload these.
I doubt very much they will find a single buyer for this line of stock, and the market depth just will not handle such a sale even if staged over many months.....the buy depth just is not there.
Still a massive short opportunity IMO.
Kiril.
- Forums
- ASX - By Stock
- Ann: Release of Restricted Securities
You are correct.On the 8 Sept 2011 YBR issued 32m shares to...
Featured News
Add YBR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online