PLS 1.89% $2.97 pilbara minerals limited

Pls shorted, page-320

  1. 16,209 Posts.
    lightbulb Created with Sketch. 4247
    Yes, the shorter sold them.


    Monday - Steve buys 100 shares

    Wednesday - Greg takes those 100 shares from Steve and sells them to Bob

    no different to

    Monday - Steve buys 100 shares

    Wednesday- Steve sells 100 shares to Bob


    The only "difference" is that someone else sold them. These shares were still bought and then sold. Why does it matter who sells them? As long as they're purchased in the first place (ie not naked shorting) then there is no problem.
 
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