"If you have a look at some of COW's other investments, you'd realise that $130m is a drop in the ocean to them. Of course they are not intending to waste it; but if it evaporated tomorrow they would hardly notice."
Jantimot ! you have hit the nail on the head there old son - It is a drop in the Ocean , they now have a member on the Cudeco board so whats another $100m loan at commercial interest rate ( if required ) going to be to them.
No doubt they will be getting a discount on their 60% offtake so why wouldn't they protect that investment with assisting the company to their mutual benefit,
Re Stumaccas shorting story. I am almost certain that M & G,s sponsored broker does in fact lend stock for the purpose of shorting ( most larger brokers do ) often without the knowledge of the stock holders.
I am pretty sure its the broker the pockets the fee, so if M & Gs stock is being loaned they will probably only benefit from the opportunity to more more stock at lower prices ?
- Forums
- ASX - By Stock
- buyback today?
"If you have a look at some of COW's other investments, you'd...
-
- There are more pages in this discussion • 80 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CDU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online