A question for my education and which may better help me understand what is going on.
If someone, e.g. Gina ,buys a parcel of shares and then lends them out to shorters - who sell them - then does Gina have to add this parcel to the total number of shares that she owns.
If, as I suspect, the answer is no, then it seems possible that she could control more than 5%, or possibly even more than 20% of the share capital without having to declare anything and without anyone knowing.
Short squeeze party thread, page-183
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20.0¢ |
Change
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Mkt cap ! $573.0M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1895959 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 157824 | 3 |
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