HAS 2.27% 21.5¢ hastings technology metals ltd

Ann: Becoming a substantial holder from MS, page-5

  1. 2ic
    5,703 Posts.
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    Not sure we know whatt his means, except the Morgan's are part of a lending/borrowing scheme which usually involves short selling and such games. Fact that shares have been bought the last 6 months yet the 10M shares are alomst entirely covered by borrow and lending transactions suggests the buying may be related to covering historical short selling?
    https://hotcopper.com.au/data/attachments/5388/5388171-515e8e991338cb07648363285d7830f6.jpg
    https://hotcopper.com.au/data/attachments/5388/5388174-2ef9fd552652ab455c204cbf04ebc27c.jpg

    If whoever is behind Morgans custodian games was genuinely buying net-long since beginning 2023 they haven't played it very well and must be hurting.

    GLTAH
 
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