In today’s briefing:
- Kum Yang: Shorting Entry Timing on the Inevitable Block Deals
Kum Yang: Shorting Entry Timing on the Inevitable Block Deals
- Kum Yang IR director Park once mentioned that the block deals to sell the 2M treasury shares would likely occur in late May or early June.
- There has been speculation in the market that the timing of the block deal may be postponed until after its inclusion in the KOSPI 200, allowing for short selling.
- Considering the immediate funding needs faced by the company, setting an aggressive approach to shorting from shortly after its inclusion in the KOSPI 200 would be reasonable regarding entry timing.
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