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viking86

03/15/14 11:09 AM

#60376 RE: RealDutch #60373

Right, we Donot lose anything. If we accept dilution and dumpage as a fact of life with this company, the parasites actually help expedite the process a little by selling a little lower and covering a little higher compared to BMAK. If the JV partner has to dump to get the cash he needs to pay his next invoices from Siaf, he will dump it no matter what. Once Siaf gets the financing it needs, this whole thing will stop once for all. Hopefully the "tailend" is not a very long tail!
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challe08

03/15/14 1:11 PM

#60377 RE: RealDutch #60373

The only reason for BMAK to reveal the tranche to be sold to another MM/partner, that also would front run them, would be that the "shorting power" would be much tougher for the bid size to hold against. In that way they could maybe be sure that they can take the pps down as far as they need to make enough profit on the deal....