Where's the finance???, page-8

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robbo24

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16/06/16

11:00

Post #: 18045031
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Originally posted by Jaded ↑

IMO both WKT and VRC have "round robin" Financing. This is issuing shares to usually a single entity/"institution" that are then sold on market for repayments/interest. A round robin finance is usually on a monthly basis but they may start with a larger lump sum first up.
Round Robin Finance has similarities to Pay Day Lending. It's usually resorted to if a company pool of placement sophisticated investors becomes un willing to participate in "ordinary" placements.
A standard Placement nearly always has a high percentage of Arbitrage- selling for a % return, quick turnover etc whatever. A Round Robin "simply" puts this into a single instead of several/a dozen "entities".

Chat starts up about Cornerstones ie Long Term Holders but by tracking top 20 changes one can see if there's accumulation/long term holding or distribution. Also a return to the issue price in following trading indicates not long term holding but arbitrage.

Round Robin Financing, issuing shares regularly to a single entity. Capital and Interest is recouped by on market sale so the money and profit is back in the lenders hands to "lend" again on another share issue.
Esp WKT with it's "sharetrading" raising "alludes/infers" imo to this Round Robin Finance method.

oh and Romann do some research on the Debt Problems of China SOE's [state owned enterprises] while your at the Brexit Issue. Are VRC's MOU's with SOE's?? Know MNSers are.

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Jaded,

I agree. Discount to broker clients, pump, sell to retailers who are left holding the driftwood when the tide goes out.

It has been noted before:

Here is some broker data from the last one: http://hotcopper.com.au/threads/new...2775339/page-17?post_id=17832718#.V2H5rtIaCUk

Here is my commentary which accords with your own:

http://hotcopper.com.au/threads/new...2775339/page-26?post_id=17836935#.V2H5tdIaCUk

and

http://hotcopper.com.au/threads/new...2775339/page-26?post_id=17836935#.V2H5tdIaCUk

KNL - biblical

Edit: Here's some unsubstantiated information from the company to show what will happen after the CR, "results" will be released: http://hotcopper.com.au/posts/18044968/single

Last edited by robbo24: 16/06/16

KNL Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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