Well... Since I'm nowhere as good in research as some of the other guys on here, I may have found some answers that you guys can further investigate.
It seems like Credit Suisse has done something similar over at LYC, they:
It doesn't seem like CS' dumping really affected the share price toooo much, but it seems like this isn't their first time doing something like this. Borrowing shares and dumping.
- Initially borrowed (5.56%) 226m shares on 4 Aug 2017 (close was $1.40)
- They then dumped 38m or so shares on 7-8 Aug (close was $1.50 and $1.55 respectively)
- They ceased to be substantial holder
- They borrowed (6.69%) 37m shares on 5 Jan 2018 (close was $2.33)
- They dumped 7m shares from 8-10 Jan (causing share price to drop from $2.33 to $2.24)
- They dumped more from 11-12 Jan, ceasing to be substantial holder (not sure how long they kept dumping for, but on 9 Feb, they reached a low of $1.82)
- LYC has since gone up to a $2.96 high in May - 3 months after their low.
Hope someone can take what I found and figure out why.
Edit: this thread might be of interest: https://hotcopper.com.au/threads/credit-suissesubstantial-holder.3603333/#.WvK2yYiFOiM
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