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Masterstroke. it's all in the demerder docs that ASIC missed )....

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bladder

2,230 Posts.

173

04/02/24

11:42

Post #: 72226476
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Originally posted by tradealot: ↑

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Hi @naomhan

I see your been very busy posting lots of baseless posts once again. What's new I guess.

JK isn't talking about SP1, obviously its not listing. Anyone who borrowed (shorted) SP1 shares is also responsable for covering the new equivalent isxf shares issued from the demerger. These are the "borrow" (shares) that need to be repaid to the borrower upon isxf listing. This has nothing to do with SP1 shares your discussing. JK's twitter statement below is correct.

The shorters are still on the hook until the new isxf shares are repaid to the borrower on listing, even if they have closed out the SP1 shares that you've been ranting about.

Have a great Sunday, Cheers

View attachment 5937301

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Masterstroke. it's all in the demerder docs that ASIC missed ). Like when NJK offered shares for escrow on the "kransky" terms.
same same but different wrt isxfu. It looks like NJK loaned to cover people's accounts during demerger and retained the right to reject the return. page 56.

Thought for a moment that was the insider loan referred to, but noticed premium.

Last edited by bladder: 04/02/24

SP1 Price at posting: $1.07 Sentiment: None Disclosure: Not Held
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