An easy play for YA Global they are probably short selling borrowed shares and then buying them back cheaper and then the management of ISF seem to now need money. Why I dont know? As YA just gives the money in exchange for shares at the 3 % discount which they have created by short selling.
Next step is what happens once they have their $30m which they could get at 10c up . YA Global has a history see CMR
- Forums
- ASX - By Stock
- ya global equity facility
An easy play for YA Global they are probably short selling...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity