I’ve seen their game ran on a few stocks over the years. They picked and short the high debts stocks to fail their debts covenant, forcing the company to do CR. They then support the CR to cover their short position and make a killing..
MKT The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint
Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%