Serpentis,
I understand the shorters borrow the shares so they are not the recipients of the institutional cap. If you look at the the most recent PEN announcement being a change in substantial holding dated 11/1/24 and particularly at the annexure you will see that State Street has lent almost 100 million PEN shares to Sprott. Am I reading this correctly?
PEN Short Squeeze, page-4
Add PEN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $334.0M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.0¢ | $2.210M | 19.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 381000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 7133047 | 87 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
|
|||||
|
Last
11.5¢ |
Change
0.005 ( 2.77 %) |
||||
| Open | High | Low | Volume | ||
| 11.3¢ | 12.0¢ | 11.3¢ | 10183368 | ||
| Last updated 15.52pm 30/05/2024 ? | |||||
| PEN (ASX) Chart |