SP1 southern cross payments ltd
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What happens to short positions after demerge?, page-11

  1. Golfboi
    59 Posts.
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    04/09/21
    14:36
    Post #: 55833000

    As they have sold the ISX shares, then they wont receive ISXFEU shares at all as that would be creating additional shares.

    they will have the contract amended & they will owe both ISX shares & the proportioned ISXFEU shares to the lender

    I think



    ISX Price at posting: $1.07 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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