Yap, very possible. I wasn't asking for the company to look into Macca activities because that's not their job, but I did point out that Macca was indeed a borrower of our stock from JPM. So it is possible they are shorting the stock when they were providing us with corporate advice. I simply pointed this out to the company and asked the question of whether the company is happy to continue engaging with them as our corporate advisor if they are indeed shorting our stock at the same time.
As you pointed out, they may well be acting as an intermediary to facilitate shorting by their clients and taking a fee. Given the fees we are paying to Macca, the least we can do is ask the question. The worst that can happen is they say nothing.
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Eregulla Deeps, page-148
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