@finshots

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*Game over for #DHFL* @finshots
After many twists and turns, it seems as if the DHFL saga is finally coming to a close. But before we get to the story here’s a quick recap
Back in September 2018, DSP, a mutual fund house offloaded DHFL’s bonds at a discount.

I know you’re not following this. So here’s a nice translation- DSP had loaned out considerable sums of money to DHFL. And then one day there was an epiphany it seems. They no longer wanted to wait for DHFL to pay them back.

So they begged someone else to take the burden off of them by offering a huge discount. They said this was routine. But come on. Who are we kidding right?
When news of the sale spread, DHFL stock crashed 60%🔻.

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MFkiRani

@MFkiRani