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Re: Trip-Fontaine post# 120488

Wednesday, 10/04/2017 9:15:38 AM

Wednesday, October 04, 2017 9:15:38 AM

Post# of 163721

As I said 100 times before: my obvious guess is that when the share price hits a certain level the lenders are entitled to sell the collateral shares



I think that's a fair assumption. Those shares are gone. Poof... And the company doesn't feel like disclosing the details of the loan. Which only applies to loan 1+2 apparently, and not the trading facility because it is revolving.

So, that's close to 3M shares that are gone.
I think the worst should be behind us though. Unless we get the lawsuits or another surprise from the company.

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