difficult to control financial transaction that are out of ur control. companies are required to maintain a list of the shareholders, many companies outsource this task to registries like Automic.
a pretend story.....
a company, lets call it isxufc, has a SOI (shares on issue) of 1,000 shares,,,, and isxufc only has 2 shareholders.... person A has 950 shares, person B has 50 shares (so 1,000 shares SOI)
a nasty shorter comes along, borrows 100 shares from Person A, and sells them to Person C on the "market". So Person A is the "lender" . those 100 shares then get recorded in the ownership register as being owned by Person C.
hmmmmm..........
so on the register, Person C owns 100 shares. Person B owns 50 shares.
How many shares does the register show Person A owns?
SP1 Price at posting:
$1.07 Sentiment: Buy Disclosure: Held
