Cattles PLC banking license chances?

MrMiyagi

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If Cattles PLC has its application refused, do you think that they'll subsequently go into administration?

Also, if I short them now at roughly 18.5 via a spreadbet or CFD, and they do go bankrupt, do i just get my position automatically closed? never shorted a stock that went to zero, and am curious as to what happens....

Cheers
 
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