Member Info for tomcat-14

forced to sell at a 60-70% loss... or closed out a short at a 300-600% profit... you decide...

as my earlier posts 10:24 & 10:48... they have no direct voting rights... only indirect...

2. SECURITIES LENDING... 2.1 Definition and Objectives... Securities lending is a transaction whereby a market participant borrows a security for a certain period. The objective of the securities borrower is to avoid a delivery failure or to cover (or create) a short position in the security in question. The objective of the securities lender is to earn a commission, thereby increasing the return on his securities portfolio...

but at 0% holdings and 5% being used in financial instruments to short bcn... would that not mean they had a notifiable short position... above the 0.5% threshold... or is that a loophole in the regs that you’ve just uncovered...

don’t you need to deduct the equity required to pay the first 24month debt funding interest payments too...

the people who benefit most from the low sp... are the ones most likely to have shorted...

try this as the maximum values... 8a = 2.25%... 8b1 = 2.75%...

7 = 8a + (8b1 + 8b2)... where... 7 = 5% max... (8b1 + 8b2) - 8a = 0.5% max... 8a = ?... 8b1 = ?... 8b2 = zero...

i reckon they are currently net short... and have been for some time...

i read it that they have sold to below their reportable threshold... hence no shareholding reported... only a %... of which an amount of the remaining holdings (all or some)... are in the control of another... sold short...

it’s the shareholders that hold the voting rights right?... eg... (a) holds 1m shares... (b) borrows (a’s) 1m shares and sells them short... (c) buys (a’s) shares... (c) has the voting rights for (a’s) shareholdings right?...

http://www.lse.co.uk/regulatory-news-article.asp?ArticleCode=ls63feeo&ArticleHeadline=Holdings_in_Company...

no sales... just samples...

the 25p short target that had been touted around weeks before the 4.5m share sale showed up on the books... and then blackrocks tr-1... just about confirms my previous suspicions about them to me... 25p is not a bad price if it was opened around the 150ish high... even if you took a 50% av for the time taken to work it through...

buys to close shorts... borrowed shares being returned to their rightful owners... or covers being transferred for either/both... leaving longs with shares that have already had the value sucked out... >£100m worth...

he’s one of the original directors isn’t he...

does that come before... or after they’ve issued the 500m funding shares...

not necessarily... if they’ve been doing what blackrock have done... they should be quids in...

if they have... that is...

good news is... they should have made enough profit from the sellers... to cover the o/s equity funding...