NST 0.70% $12.86 northern star resources ltd

I'm not so sure TBH.As whichever IB's (probably 2, maybe 3) were...

  1. 104 Posts.
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    I'm not so sure TBH.

    As whichever IB's (probably 2, maybe 3) were employed to handle the block trade / VWAP disposal (however they did it) would likely have dipped into their inventory and may have shorted it as well. They won't show up in ASIC/shortman reporting as market makers are exempt from reporting shorting under these kind of arrangements.

    One also needs to remember that the ASIC reporting is lagged by 4 days, so all the BS from earlier this week is yet to wash through their reports (for those interested - https://asic.gov.au/regulatory-resources/markets/short-selling/short-position-reports-table/), it will be interesting to review as the lagged data becomes available.

    We need to remember that our stock, unfortunately, is not scarce, as the muppets at Van Eck are happy to lend out up to 33% of the securities in the fund at any one time.

    Last edited by BMWMPower: 19/03/21
 
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