That is outrageous. How can they get away with that. Don't they worry about their creditability??
Printable View
19/10/21 SPH UBS NZX
SPH Notice - UBS Group AG and its related bodies corporate - NZX, New Zealand’s Exchange
07/12/21 SPH UBS NZX
SPH Notice – UBS Group AG and its related bodies corporate - NZX, New Zealand’s Exchange
Buy
Sell
Return of Rehypothecated position
Stock borrowed
Stock returned
Swaps
Enter Into Derivative Contract
Collateral received
Charts not looking very good. Third trough low never a positive sign on a downtrend, staying below 200EMA, 12wk EMA, 50day EMA, fundamentally showing more downside risk than up. Some hope from investors trying to hold and see if SP can find it's way back to EMA support levels, but there's a lot of risk built into that hope. Sounds like class actions gaining momentum. Not much really to boost confidence with market share in China still. Will see if the power of positive thinking and hope can stop lower end trough breaking down to new low levels, hope so for holders, but isn't really looking that good at this point. It's hard to cut your losses sometimes, but things continue to not look favourably :/
2021 is supposed to be the year that ATM put its problems of 2020 behind, - according to Sharetrader & the brokers’ top stock picks of the year.
Alas, ATM bombed out big time!
Minus 50.70% YTD.
Looking forward to 2022 brokers’ picks next week - if ATM is not in the list, it is a good sign imo that 2022 could be a good year for the stock.
But wait for the stock to bottom out around the $4.00 mark first.
https://www.bloomberg.com/news/artic...-short-selling
It would be pleasing to see prosecutions, where warranted. A good outcome, especially for retail, even if it achieves nothing beyond throwing sunlight into the shady cess-pit of activist shorting.
I wrote to A2 a fortnight ago, asking whether they have had recent correspondance (FY20/21) from ASIC re shorting behaviour. No response.
China Birth Rate new low in decades
https://www.theguardian.com/world/20...est-since-1978