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So true. There are a couple of disgruntled holders that post...

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jawburns

1,379 Posts.

346

04/05/22

12:35

Post #: 61196764
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Originally posted by skinsy11: ↑

Exactly. ISX, If / when ISX Australia wins the legal case, the Australian entity ISX does not have a viable business and therefore will not comply with the ASX listing rules. There are precedents from the distant past in such situations.
Shorters who do not have stock (or cannot buy shares to deliver) will face legal action if they do not settle with their lenders.
As they cannot buy on market, the shorters have a problem.
The only way shorters can get off the hook is by buying shares from disaffected and impatient ISX shareholders. If they cannot buy and deliver ISX shares, the short of the ISX stock will cost the shorters big time.
I believe some ISX shareholders have already sold their shares privately. If the buyers were buying for or were shorters, those sellers have in effect helped the shorters get off the hook for significant losses.
So think twice, no think three times before selling where your shares will help shorters minimise their losses. Why do that?
They are part of the background SP volatility/ excuse for ASX to SIX being Suspended in October 2019.

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So true. There are a couple of disgruntled holders that post quite often that come to mind and are shorters for sure. What they can’t get through their thick skulls is it’s not ISX that have screwed them it’s the ASX.

ISX Price at posting: $1.07 Sentiment: Buy Disclosure: Held
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0 Great analysis

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So true. There are a couple of disgruntled holders that post...

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