MIN 0.82% $30.40 mineral resources limited

Ann: Change in substantial holding, page-20

  1. 2,952 Posts.
    lightbulb Created with Sketch. 681
    Definitely being shorted

    Securities lent out to many including Goldman Sachs

    Here's a snippet from the data in the announcment

    https://hotcopper.com.au/data/attachments/5792/5792787-2c5b7bdafa34065a286cf7de341c1bc9.jpg
    These guys would have sold possibly in the 60's and seventies and are now looking to buy back at the lower price

    Their current recommendation to scare the bajeezuz out of the punters and get them to sell is a price target of $49

    https://hotcopper.com.au/data/attachments/5792/5792805-372ab7bc9f2a1ce8d56b8078ef07e706.jpg

    So let's see......maybe a margin of $10-$20 per share on roughly a million shares that I can see with a quick glance???

    You do the math

    Total scum fleecing mums and dads these shorting arrangements IMO

 
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