STX 10.0% 27.5¢ strike energy limited

Australian article re Hancock, page-142

  1. 1,241 Posts.
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    You have lost me Ratbox. You say

    "I must admit that It's a worry the amounts of shorts we have as they need to cover somewhere ,but perhaps they will just return the shares to the original owner. (My embolding)

    As I understand it, the shorter's have borrowed shares from the "original owner". They have then sold these borrowed shares. This leads to a situation where they own zero shares but owe shares to the "original owner".

    How can they return shares without buying them on market?
 
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