BDR beadell resources limited

Ann: Change in substantial holding from CBA, page-5

  1. 3,304 Posts.
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    If you read the release, I think you’ll find CBA borrowed plenty of shares from various other parties (Barclays / UBS) along the way - an indication of short selling. CBA are notorious for it.

    They have made a motza of money on the way down, obviously they had to purchase them back afterwards, plus a bit more, unless I’m mistaken.

    So I’d say CBA won’t be losing sleep as the share price falls.

    In any case, I hope for everyones sake, the blood letting on here stops. Good luck everyone, I cant bring myself to buy BDR anymore, too much risk.
    Last edited by Rleonars: 02/03/18
 
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