RFG 1.49% 6.6¢ retail food group limited

More Growth to Come..., page-82

  1. 16,916 Posts.
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    "..but how come UBS and its related bodies become Substanial holders about the same time they short about a couple million shares .... WONDER what happens today ?????"

    @cigary,

    I think you'll find that arrangement relates to UBS - in its capacity as prime broker - locating stock from a borrow pool which it is about to transfer to some party(ies).

    Now I can't say with 100% certainty what someone, who borrows stock from a prime broker, intends to do with that borrowed stock, but I can guess.

    As to "what happens today????", I never make it my business to wonder what the many and varied market participants may, or may not, do on any given day/week/month because I think it is a futile exercise.

    Instead, I far prefer to focus all me efforts on the fundamentals of a business.
 
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