Chasing their own Ambulance, page-7

""a bunch of stuff that happened""
do you mean institutional investors investing in a newly tried listed sector ( ie law firms) at a price ($6.37 per SGH share) which valued the business at 4 times revenue ( not earnings)?
or
do you mean the hedge funds which borrowed the SGH shares from the above aforesaid instos so as to short sell the SGH shares and buy back from them at a fraction ( one tenth) of the price paid ?