IMU - Broker Data, page-119

Wow. so many times it's been explained to you, but still you don't understand. I'll type slower this time for you.

1. Susquehanna will borrow shares over the next few months ( maybe from Macquarie haha)
2. They sell them on to market, to retail patsies, who think they are getting a bargain, over the coming months. Their aim is to push the SP down. This is called shorting.
3. At the 6mth CN anniversary, they can set the conversion price, at a discount to the then SP.
4. They can convert then if they wish, thereby acquiring shares at a lower price, and then return the ones they had borrowed earlier.
5.They pocket the difference between the SP they sold the borrowed share at, and CN conversion price.
6. Ofcouse this is the simpleton version to help you understand. In reality expect some more sophisticated trading activity to implement this strategy.
7. This is how they make money. Less risky than waiting for 'excellent' trial results...

btw, did you check the massive 'gotcha' that a Change of Control will be triggered on the Warrants, esp if IMU is sold off cheap ??

Your chairman is looking after everyone except retail SHrs !

You told me last night to look at CVI as apparently this is their "MO" and they didn't short the stock to manipulate the stock but used spoofing trade with other MM, where is the prove that you stated this is their "MO"???? I couldn't even find information whether they had any CN and warrant arrangement with that biotech stock so how is this their "MO"???

And like I told you previously, if they want to push the pps lower to 2c before the clinical trial updates then I would take advantage along with other LT, traders and ST which is why it's an illogical strategy for them to do this as they are giving the opportunity to sell the shares when they convert them at 4.75c provided further positive clinical trial updates released in te next 5 months.

I'm not sure what your point is around the "Change of Control", if the clinical trial updates are poor then IMU is done so who cares about the warrants.