That is one out for them yes, in a way thanks to the usual discount. Still have to pay dearly for the privilege of the mistake.
Unfortunately, per my last paragraph above we don't know who or which Insto. If the world knows then they can quickly become Persona non grata. If they are LIC/Insto or Hedge Fund their FUM will come under pressure from exits. That is a larger fear for them than paying the Stock Loan Fee... Unless anyone here is cushy with Alok M of State Street. Anyone?
GMD Price at posting:
$3.74 Sentiment: Buy Disclosure: Held
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