GXY galaxy resources limited

Why the GXY share price should rise tomorrow, page-23

  1. 1,750 Posts.
    lightbulb Created with Sketch. 562
    @findinggems yes this is correct. In recent years, some heavily borrowed stocks can become quite squeezed around the AGM as their institutional holders recall stock in order to vote it. The mechanism is that the original owner recalls the stock and the borrower has to return it T+2. If they don't have any, they can try to borrow off someone else (and use it to return to the recaller) or they have to buy it on the market, which can lead to a short squeeze. After the record date has passed, things generally return to normal.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.