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.
Ann: Becoming a substantial holder, page-5
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