RE:RE:RE:RE:RE:RE:RE:Institutional investor Regarding due diligence on potent share aquiring fund(s)?
First, people need to resd both sides of the ledger.
Anson, is a multi- avenue mutual fund.
yes, they do include shorting. They also have main focus as long term brad based mutual fund investments.
They took on a 7%-8% investment of Onc ( Canadian TSX shares only). In the event the get to exercise thier warrants ( part of purchase agreement), that would put them very close to 10% holders if the company.
By far the largest institutional investor.
They certainly are not going to short their own shares & would benefit greatly from an increase, to be able to benifit from the warrants.
I guess the question would be , why would Onc not want Anson?
On a much wider view , most mutual funds carry in their descriptions the ability to short.
The real question worth discussion? Why did Anson take such a large position?
countless FUDsters touted " zero institutional investment". For many quarters.
Which BTW was never true. The number has ally's been low 1%-2% , but not zero.
Now with Ansons addition, the total woukd be above 10%.
There are those who have insights to the potential.
Yes, I agree 100%,: things need to change & very soon.