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No such free lunch in the world. Eventually you need to pay money to covert to mother share. If topglove is so rich why they need money from investor to exercise their rights to convert mother share? Need pay money to covert.. Think about it
Broker must get shareholder consent before they lend other for RSS. Short sellers can short as long they pay interest to shareholders. They foresee oil price will drop due to worldwide reccesion in near future. If you are here for long term, this noise doesn't concern you.
If you know how RSS works... Basically shorties can just pay interest to the lender and wait market to tumble..., or lender send instructions to discontinue lending. 4 percent rule my friend
Must know maybank got issue call warrant. They have to protect their IB exposure risk. We got money we go hoot mother share. Hoot until they got no more share to short
