The junk boys who bought Bank of Valletta’s debt ran a fund aground before they went on another junkish adventure. Iridum owned by Christopher Vella and DF Advocates ran a fund aground called “Global Macro Investments” after it had €10 million in redemption and more than €3 million in debts.
Now, they are paying themselves big fees on their latest venture as well, all along burrowing money from the public to fund this business,
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Mark, back to Hart Capital, This on the Borza right now. does this constitute short-selling? Or are amounts just co-incidental.
Definition (Investopedia): Short selling involves borrowing a security whose price you think is going to fall and then selling it on the open market. You then buy the same stock back later, hopefully for a lower price than you initially sold it for, return the borrowed stock to your broker, and pocket the difference.
HRT01: 7.25% Hart Capital Partners (Europe) Plc Secured Cal Bds 2025-2027
Bids Offers
Count Volume Price Count Volume Price
1 2,300 90.000 1 2,300 99.250
1 11,200 99.500
Junk is also whoever licensed them
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