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
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Last
8.0¢ |
Change
-0.003(3.61%) |
Mkt cap ! $254.9M | |||
| Open | High | Low | Value | Volume |
| 8.3¢ | 8.4¢ | 8.0¢ | $2.227M | 27.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1345233 | 8.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.2¢ | 438252 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PEN (ASX) Chart |