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.
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