NHC 3.11% $4.83 new hope corporation limited

Ann: Sale of New Hope Shares & Entry into Long Equity Derivative, page-28

  1. 415 Posts.
    lightbulb Created with Sketch. 61
    Yep.

    The total shorted as of today's last reported figures is 56.6 million.
    Well above the shares lent from WHSP of 38m for the CVN issue.
    The average shorted before the CVN issue was about 10m.

    Guess is that L1 Capital is lending their shares, or WHSP is lending more than their commitment to 38m for the CVN issue.

    A bold move to short (18m) a company expected to produce a bumper year in its annual results in a month or so.

 
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