CVN 2.94% 16.5¢ carnarvon energy limited

Ann: Becoming a substantial holder, page-8

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,232 Posts.
    lightbulb Created with Sketch. 357
    I think these shares were those returned by the short seller who borrowed them. The term "rehypothecated" is used in the announcement which on Googling is a term used when lending assets and those assets are returned. Short positions has plummeted to around 20m recently and this data is 4 days lagged so it is likely the shorter bailed out ahead of the Apus results.
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.