Page 2 of today's SMH Weekend Business talks about Yorkville Advisors (YA Global) which it states is a hedge fund which has been charged with fraud by the US Securities and Exchange Commission.
The article points out Yorkville provides 'death spiral financing' when it is then in Yorkville's interest to short the stock.
The article lists Yorkville as a financier of Nexus.
Could it be Yorkville who has been the predominant shorter of NXS?
yorkville and nexus
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Last
25.0¢ |
Change
-0.013(4.76%) |
Mkt cap ! $72.92M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.0¢ | 25.0¢ | $18.39K | 70.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20530 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 45500 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
26.0¢ |
Change
-0.013 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 27.0¢ | 27.0¢ | 26.0¢ | 21249 | ||
| Last updated 15.08pm 14/06/2024 ? | |||||
| NXS (ASX) Chart |