WBT 0.43% $2.30 weebit nano ltd

Ann: Becoming a substantial holder, page-5

  1. 133 Posts.
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    Any informed views on this notice?

    Appears JP have been shorting given sales targeting loss. Borrowing from others throughout.

    Oct-4 large ~4.4 million borrow that likely transferred (settled) 6-Oct. These have come as a loan from 'JPMORGAN CHASE BANK, N.A.' (1) to 'J.P. MORGAN SECURITIES PLC' (2) which have come from 'Various Borrowers under the
    Securities Lending Agreement' (3).

    So, 1 borrowed ~4.4 million from 3, passed back to 2 to then do what?

    Most of the action is coming from J.P. MORGAN SECURITIES AUSTRALIA LIMITED.

 
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