Hi watford,I'm very happy with my understanding of the situation...

Hi watford,

I'm very happy with my understanding of the situation thanks.

What I'm not so sure on is why you clearly have yet to physically take a position ?


Your early missives on this investment revolved around the yield play on the notes. Now you seem to be focusing on how you get your money back in x number of years when the recievor winds the company up.

And all of the info you post can be traced back to other contributors to the thread.

I would certainly be interested in your provision of a link to a CFD provider contract details that clearly explains what you will get when a stock you are short with them upon goes belly up ?

Could you post one or more such links please? They must exist if you are rely (would be rely upon if you had a position) upon it.

Re naked shorts - this would only be possible if TIM wa still on the ASX approved short list. Is it ?

Always interested in advancing my education if facts can be provided. Few and far between on HC unfortunately.

Cheers,