Ann: Change in substantial holding, page-8

  1. 255 Posts.
    lightbulb Created with Sketch. 288
    I know this will sound stupid and I won't explain it correctly but hopefully it will sort of make sense,
    If your State Street and you believe BOE is a great company and will go up you then loan your shares to the short sellers. They short the stock and make the price drop you can then buy more stock at a cheaper price. Then you offer more stock to the short sellers which then lets them short the stock further which again lets you buy more stock at a cheap price. When you have enough stock you just call the shorter sellers stock back. It then forces them too cover and you now make a killing because the short seller forces the price up well above what you paid. Look how large the first 3 are now in the list below, 1 year ago they didn't own this much stock..

    https://hotcopper.com.au/data/attachments/6641/6641282-7987a1d570f927bcec818e586a106dd1.jpg



 
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(20min delay)
Last
$4.48
Change
0.150(3.46%)
Mkt cap ! $1.862B
Open High Low Value Volume
$4.41 $4.63 $4.31 $41.68M 9.257M

Buyers (Bids)

No. Vol. Price($)
50 39275 $4.48
 

Sellers (Offers)

Price($) Vol. No.
$4.49 40379 19
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Last trade - 15.40pm 17/06/2025 (20 minute delay) ?
BOE (ASX) Chart
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