A40 0.00% 8.2¢ alita resources limited

Canaccord Oppose DOCA, page-347

  1. 2,430 Posts.
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    I’m curious - if anyone was shorting this prior to Admin they would have hit the jackpot - no time for broker to call and they would only have to repay cost of financing the loan. The broker would call a total loss on the loaned stock and cancel the outstanding debt. Shorter wins big

    If this DOCA is cancelled - then the shares still have some value, the broker can ask for repayment of the loan (plus interest) - shorter loses.

    Was Cannacord lending shares?

    DYOR IMO
 
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