STX 0.00% 20.5¢ strike energy limited

STX Charts, page-1369

  1. 8,801 Posts.
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    I agree, index funds are prime candidates to be the scrip lenders, albeit via an intermediary. Shorters have "paid" via collateral, usually cash, so all that would be needed is a net off (99% sure that's a net payment to the shorters) and an after market crossing to reflect the change of ownership. One side of the transaction is simple, index fund operators will be obliged to sell to a zero holding if index inclusion is lost. The other side is a little more complex, are the shorters ready to close? We will know more after 14/5/24.
 
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