RE: Singer Target Price: 29p9 Jul 2025 22:42
Can you short sbtx on standard account? I have not looked. But it wouldn't matter to them anyway. Easy get that covered.
If i held 5 million shares here, I know i have no chance of knocking them out fast at 25p , and getting 25p for all of them. And i have no deals with the maker, to hold for distribution. So what would i do? Id short 25p, and just sell them over time at any SP price - fixed return. That is a very basic example, and there are many.
Point is, there is no risk for that lot apart from not finding buyers. How do you always find buyers? Look cheap - not expensive