News Focus
News Focus
icon url

ks1977

10/03/17 3:55 AM

#120392 RE: RealDutch #120390

RD; Any reason to why you believe it's the loan1&2-lender who's selling the shares? And that it's a US-based lender? (I know it has been discussed somewhat here earlier). That would be "good" news, since that's the smaller of the loans. However, it is also the one with the best interest rate.

Do we know anything about this lender? If it is indeed a US-lender then SIAF should be in a better position to sue (if the loan-contract isn't rotten and SIAF has held it's part) if the shares are sold and isn't bought back.

Of course; even if collateral shares are sold, then it still is possible that the lender will buy them back - however, as long as we don't know who this lender is it's difficult to know. The lender might have chosen to gamble and sell of the shares and buy them back later. The lender might not have had this intention intially, but maybe decided to do that with the dual-listing and crybaby Hansson selling out and panick followed. Purely speculations though, but so is the option that SIAF chose a rotten lender (might still be right of course).
icon url

The Swede

10/03/17 1:36 PM

#120432 RE: RealDutch #120390

Not all the collateral shares are being sold IMO. Only from the US lender (loan 1+2).

Loan 1 will be the first one that they pay back, should be 1,5m shares. The bank has three days to buy back those shares, so enjoy the ride :-)