ABS a.b.c. learning centres limited

will abc dump fun

  1. 3,045 Posts.
    ABS holds a big stake in FUN, I wonder if it will be the first to go in the asset sale to reduce debt. Certainly bad news for FUN having what seems like a forced seller holding big lines of shares at a time when FUN also had some questionable results.

    Can't believe all these executive hold such massive positions on a margin basis. You really have little recourse if someone triggers all the margin calls forcing your management team to lose shares.

    I'll have to say I was tempted to buy in yesterday (had the order set but missed the price), somehow I think we'll see further pressure in the stock price.

    All I can say for existing shareholders is that I feel your pain.
 
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