TLX 0.39% $17.96 telix pharmaceuticals limited

Ann: Pending Release of Shares from Voluntary Escrow, page-6

  1. 1,520 Posts.
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    further
    there are also mechanisms for them to sell early

    for instance they might say to their broker they get the stock delivered to them on May 1 2024
    however they wish to sell now at these prices

    so the broker will borrow or short the stock for them, and get a guarantee in writing that on May1 20204, they will return the borrowed / shorted stock to the broker

    and that's assuming they are sellers ?

    maybe they whack it in a margin loan and can liberate some funds for themselves at competitive interest rate ?
    maybe they buy more
    maybe they sit tight

    maybe some insto approaches/ begs them to take that stock off their hands ?



 
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