This might belong in another post/thread altogether... But I have been wondering about this... About WHO is lending shares to short sellers.
Because... the way I thought about it was, whoever lends them will then see the value of THEIR position go down... Right?
And if super funds are supposed to work for members, by lending shares and therefore seeing their own positions decrease in value, are they not then working AGAINST their members...?
There's probably some accounting offset at play here.... But I'd be interested to know just WHO lends the shares and HOW they compensate for the loss of value on their holdings (if this is indeed the way it works...?)
Kindest regards.
J.
GXY Price at posting:
$1.68 Sentiment: Buy Disclosure: Held
