They don't from what I've seen.
Middle men do the accumulating - and the shares swap accounts on the day. Same effect, but done in a way that makes less information (Subs notices etc) available to the market prior to the day.
Only referred to SLX due to earlier reference by yourself.
Probs enough on it in PNV threads.
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Short Activity in PNV, page-5641
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Last
$2.64 |
Change
-0.010(0.38%) |
Mkt cap ! $1.823B | |||
| Open | High | Low | Value | Volume |
| $2.62 | $2.64 | $2.58 | $2.297M | 877.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2375 | $2.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.64 | 3584 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PNV (ASX) Chart |