SYR 3.28% 29.5¢ syrah resources limited

Ann: Change in substantial holding-SYR.AX, page-4

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  1. 931 Posts.
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    melua, the way I am reading this announcement is that Mitsubishi's shares are held by Morgan Stanley who in turn (as a Prime Broker) have lent out the shares to a number of hedge funds listed in last few pages.(Northern Trust Company, Brown Brothers Harriman, Dasoma Capital, Citibank, Chase Manhattn, Deutsche etc) who have been selling (shorting) the stock. As short sellers they of course will need to buy back and return the stock to Morgan Stanley/Mitsubishi at some point...
 
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