General Discussions, page-16213

Ok I get what you are saying.

And to be honest I don't want to get into a debate with you or anyone else about this so this will be my last post on the topic. (with respect)

But I will leave you this one thought to ponder.

I have worked closely with Vanguard and most other index managers and major index ETF's. I have asked each one of them whether they lend out stock under security lending schemes/arrangements etc and Vanguard absolutely does....whilst some do not.

But the question I will leave you with is do you actually think that the amount of RNU stock that will be shorted by such arrangements will be greater than the effect of the buying of those same funds when RNU enters each respective index?

I personally think it will be a fraction of a percent and for this reason the impact from their buying will be many many times the downside of their lending of stock.

10x