http://www.shortman.com.au/stock?q=Sxy I agree it should be...

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db85

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15/06/16

14:36

Post #: 18037685
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Originally posted by Elliot5 ↑

ON page 13 of the latest preso, we have the top 20.
It is apparent from that list that The Sentient Group has handed their shares over to a trustee holder = National Nominees Limited (i've checked The Sentient Group website and they still hold / own Senex in their investment portfolio)
So as I posted some 4 - 5 months ago I suggested 1 of our major shareholders had loaned their stock out to the shorters, and during that time over 15% of the Senex stock was held short, and the mostly likely culprit (who had sufficient volume of stock) was The Sentient Group.
So presuming my assumption is right ..... how piss poor for your most largest shareholder , to let their stock be sold short, whilst the little guy gets punished.
Its not illegal, but IMO it should be. At best is damn unethical.
albeit it allowed that shareholder to profit whilst others suffered.
1 of our own Directors (Ben McKeown) is also a Partner of The Sentient Group.
I believe this issue should be raised directly with him at the next AGM.

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http://www.shortman.com.au/stock?q=Sxy

I agree it should be raised at the AGM just to be in the open but other than that your post is a bit confusing.

I can't remember SXY ever being shorted 15% and on shortman it says its highest shorted volume in the last three years was just under 10%.

That's means there was more then enough other substantial holders that could have lent it out to short, it doesn't have to come from just one.

Just my opinion.

SXY Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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http://www.shortman.com.au/stock?q=Sxy I agree it should be...

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