Come on westie. What is happening is simple. ARIE/James Tsiolis?SCM have offloaded these shares as a margin lending facility deal. THe question is what kind of gearing is the custodian giving Tsiolis?SCM? Say lending them 20 cents on every dollar of NET script? If you can not sell out of NET on your ridiculously oversized parcel why not dump the 9 per cent parcel on some unsuspecting Singaporeans? Just think where the price would be if Tsiolis/SCM/Arie tried to sell 9 per cent of 2.6 billion shares? Say 3 hundredths of a cent.
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Mkt cap ! $11.63M | |||
| Open | High | Low | Value | Volume |
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