LYC 0.30% $6.76 lynas rare earths limited

hq owes us, page-16

  1. 22,735 Posts.
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    Re: Covering LYC shorts:

    Does anyone have information on how instos who manage several funds behave
    with respect to one fund borrowing a share from another fund managed by the same insto, short selling the share and later buying back the share and returning
    it to the original fund.

    Can such a behaviour occur within an institution without, prema facia, a conflict of interest? Would this be like the US Merchant Banks CDO debarkle where they parceled up dodgy mortgages, sold them and then shorted them.?

    Cheers
    Moorookamick
 
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