The issuers of many of these substantial shareholding notices are brokers (BAML, UBS, JPM etc). They are merely acting as a broker for their clients (Hedge Funds) who want to short. The Hedge Funds asks Merrills to borrow stock to cover their shorts. (or for options market making). You can see they have named some of the Hedge Funds at the appendices still the end of the document.
Agree that it's all pretty unclear for the market to decipher though.
- Forums
- ASX - By Stock
- SYR
- Ann: Becoming a substantial holder
Ann: Becoming a substantial holder, page-6
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYR (ASX) to my watchlist
|
|||||
Last
22.5¢ |
Change
-0.020(8.16%) |
Mkt cap ! $232.8M |
Open | High | Low | Value | Volume |
25.0¢ | 25.0¢ | 22.5¢ | $2.259M | 9.657M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 240034 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 212500 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 240034 | 0.225 |
22 | 836603 | 0.220 |
17 | 709362 | 0.215 |
18 | 258942 | 0.210 |
9 | 277351 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 212500 | 3 |
0.240 | 120700 | 3 |
0.245 | 20000 | 1 |
0.250 | 225702 | 5 |
0.255 | 69816 | 3 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
SYR (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online