SP1 southern cross payments ltd
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What happens to short positions after demerge?, page-6

  1. SeabreezeL
    1,677 Posts.
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    04/09/21
    11:02
    Post #: 55829935
    I could be wrong but that's exactly how I understand. Unless the ASX compensation will be shared among the holders in a way of adding values to the shares. Even that, with a full amount of claim at 600mil, it's half of current market size. So expect the SP go down half at least.

    ISX Price at posting: $1.07 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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