"Given there have been no substantial shareholder notices posted during that period, no institutional investors have built a strategic stake. In the previous month, Credit Suisse Nominees appears to have borrowed a stake of 8.9 per cent of Myer, which suggests it has punted on a massive short."
Full article today: https://www.watoday.com.au/business/companies/myer-board-vulnerable-to-lew-after-it-loses-kingmaker-s-protection-20200603-p54z6c.html
Does this mean Credit Suisse purchases were for the purpose of shorting?
Ann: Ceasing to be a substantial holder, page-37
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Last
85.5¢ |
Change
-0.010(1.16%) |
Mkt cap ! $711.2M | |||
| Open | High | Low | Value | Volume |
| 87.5¢ | 88.5¢ | 84.0¢ | $1.148M | 1.334M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 31728 | 84.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.0¢ | 45000 | 1 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| MYR (ASX) Chart |