"Secondly, all that stuff about M&G finessing short shares is absolute nonsense. Why would they do that? They're not in the business of picking up 4c here or there, they are in for the long term"
Who said that 4Walls? Not someone who appears on my HC!
GollyGosh! Autobots churn all day picking up half cent increments!
4 Cents? Gosh, that is 1.28% of the current SP. Do that 20 times a year and the fund manager will be having kittens. (in all liklihood M&G's broker will be churning in 1cent increments, not 4cent increments, so whoever posted the above is partly right!)
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"Secondly, all that stuff about M&G finessing short shares is...
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