HXG 0.00% 1.3¢ hexagon energy materials limited

Ann: Becoming a substantial holder, page-3

  1. 166 Posts.
    lightbulb Created with Sketch. 24
    Do I read this correctly - Tribeca have lent out their stock. Lending stock is usually to short sellers. Hence the share price weakness.
    Would make it make sense for them to lend stock to see the price fall? They have had awful returns in their fund so maybe just looking for some income but seems self defeating.
    Any way I have always thought this stock is being managed lower for MinRes to make a takeover bid. Maybe MinRes and Tribeca colluding to drop the price so MinRes can scoop the pool at a 25c bid.
    I would never sell as development sees us at $2.
 
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