Ann: Ceasing to be a substantial holder, page-5

I can never work out from the documents who is the lender and who is the borrower.

Something that bothers me in this case is that Credit Suisse was an underwriter for the cap raise. It seems wrong to me that a company in such a position of detailed knowledge of Webjet’s books and prospects should be allowed to even trade shares for a certain period of time, let alone be a party to shorting, whether as a borrower or lender.

I would apply the same principle that prevents ex-ministers joining companies in an industry they once oversaw, for a year after leaving office. They have inside knowledge, thus an unfair advantage.