Market Update 17/04 – 21/04
Let’s see how the week starts with the Frenchies kicking out the establishment over the weekend.
Let’s see how the week starts with the Frenchies kicking out the establishment over the weekend.
Xavi
Some one has a real hard on for GL over at Kaohoon.
Would not be surprised if someone in the know has bought certain warrants to profit from these massive price movements.
Pon
Well it was expected the GL would be off cash balance last Friday, but this is extended until Mid May. Until then they have an AGM and 1Q2017 #’s to report. So will be interesting to watch it unfold.
Xavi
Not surprising they extended the Cash Balance til mid May given the trading patterns, but I more referring to the article about one of the borrowers having the same registered address as GLH in Singapore. Turns out the address is their lawyer’s office.
Pon
Fairly standard with any offshore setup.