Well thats right should the shares reopen at 1c then happy days to the shorters, ( however hope of FGE re opening is a false dream ) In the case of IG sponsored shorts it may be that original purchase of position is refunded, this would depend on IG's liability exposure which should be manageable on FGE and willingness to be seen as the good guys, IG's block short positions are registered with ASIC and are there own product. I would be thinking that IG's fine print would have this covered in the event that a position can not be realised, but you would think there may be some chance.
- Forums
- ASX - By Stock
- FGE
- what did short position of fge affect?
what did short position of fge affect? , page-7
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FGE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online