SYR 3.28% 29.5¢ syrah resources limited

Ann: Change in substantial holding-SYR.AX, page-11

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  1. 14,880 Posts.
    lightbulb Created with Sketch. 479
    I'm not sure the explanation about Mitsubishi shares being used for shorting is correct. If you are a substantial holder (5%+) and your stock is lent out to shorters, your actual share holding/ownership is not decreased. The borrower has a legal liability to buy back the stock at some stage and give the stock back to the lender.
    Happy to be proven wrong.
 
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