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Nakkikone

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Nakkikone

Re: Trip-Fontaine post# 120876

Sunday, 10/08/2017 9:59:21 AM

Sunday, October 08, 2017 9:59:21 AM

Post# of 163722
Answers Marius Gaard got from Dan in CC of q4/2016 show selling the collateral shares is possible. Dan couldn't claim it's impossible. Therefore the shares are just ordinary shares.

https://seekingalpha.com/article/4061173-sino-agro-foods-siaf-solomon-lee-q4-2016-results-earnings-call-transcript?part=single

I assume there's no third party holding the collateral shares. Lender holds the collateral and it made selling the shares possible. IMHO, if there'd been a middleman holding the collateral, this mess wouldn't have happened.
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