Well at this point it wouldn't really matter. Like RD and I discussed earlier this week. If the people that loaned the money sold collateral shares then in essence they have been paid and remaining loan amount should be adjusted to show compensation. Siaf would have to just bite the bullet and rebuy the shares themselves. Hence their projected share buy back program. Lets just hope they get the loan while the pps is still depressed and they can execute swiftly and then in the end no harm no foul....or should I say they would have dodged a bullet, when you play with fire sometimes you get burnt...or we are wrong and fuked. Happy Holidays!!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.