Relief Therapeutics Holding AG (RLFTF)

[ratna1]

Buyside institutional investors regular protocol is to short any stock they buy in a private placement!
However they do that to make money twice as most all of these placements also include warrants (take GEM e.g.).
So they make money on the short sale covering with their own shares at the exercise price with a nice yield of 5 to 15 % which BTW is a lot annualized when this is done on a professional level as most of these private placements are purely transactional and short term
They are routinely done on an ongoing schedule much like a bank loan WITHOUT a view to hold on to the shares for years to come but for a quick return and freeing up the invested money in a timely fashion... and IF (!?!) the share price rises in a meaningful way they still have warrants thrown into the deal for free which they can exercise at a low conversion rate which will do
just fine for additional revenue.
However I do not see a warrant bundle added on to the deal here so it will probably play out as a bet on a binary event... except you and I as well as most of our members on this board will hurt more than the Tute if it goes bad..
P.S.:
The SIX-Exchange allows for shorting RLF in case you did not know and the PR spells out that the investment is in the SIX quoted swiss shares...