BTU bathurst resources limited

If you go through the notice you will notice at the top ogf the...

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    If you go through the notice you will notice at the top ogf the list B of A has sold a small amount of shares more than they bought for the period

    Therefore almost the entire reduction in the holding is in borrowed shares

    Shares they borrowed to sell at a point in time at a certain price, unless the price goes down and they can buy these shares back from the market a cheaper price to then return the shares to the owner the trade is a fail.

    Of course the reason someone might borrow shares goes well beyond shorting. But I cant think of too many reasons to return those shares apart from the fact that you are sitting on borrowed shares and you expect a sustained lift in the share price.

    Any other thoughts welcome

    Viney
 
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