120,000 is not a large qty to short.....
I'm confused why they even needed to do that disclosure as its nowhere near 1%. Mista , you got any clues bro?
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And dont worry guys this pussy will happily lap up any discarded shares :t_up:
My money is not earning any interest with ASB anyway, so would rather top up in case of dividend next year. I'm in this for the long term so not too worry about the downward trend yet.:)
I cast my eye over the SPH and was a little confused.
It looked like their holding hadnt changed?
Surely if they loaned it out as the second part implied then they dont have beneficial interest anymore and should've declared a lower holding. But yeh its not worth much brainpower as MT says.
I reckon if they joined up they have the potential to become an absolutely HUGE (like Trump HUUUUUUUGE) company. They would be one of the juggernauts by NZX standards on Day 1 anyway.
Spark Sport would almost certainly throw in the towel. It would be Spark's third failed attempt at entering Live Sport.
That SPH looks like they have a lot of shares in various entities (See annexure A at the bottom), but have acquired 120,000 more on loan for some reason. Weird. Perhaps they are just nominees/acting on behalf of many individuals?
Sold a week ago to chase something shiny, I was quite worried that the property sale would have been announced in the interim.
Super happy that I effectively increased my holding by 15% in the process with my other gains and the share drop today allowing me to buy back in cheaper.
Brought on the asx to try and milk a few more % gains from the currency variations. And so the long wait begins again, albeit with a cornerstone investor who allegedly wants to increase their stake and a very valuable property to be offloaded.
Still exciting times ahead