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Stix - I believe the EUA filing deadline for annual accounts is 30th June although CH have made a 3 month extension available for companies that have suffered Covid-19 delays ..
Afternoon GFD
The key question I suppose is what happens in the event of a default? If the short seller fails to replace the shares, is the broker still responsible to keep the original shareholder whole ...?
There were a few posts yesterday on exposure to lending of shares by brokers to short sellers. Checking some terms and conditions is revealing ...
HL Ts and Cs state: "Investments will not be lent to a third party and we will not borrow money against your investments. "
Barclays Smart Investor terms state " We will not engage in stock lending for any Asset in your Account."
Interactive Investors seem to have a different policy. Their ISA terms state:
"You agree that we may act for other customers in a wide range of transactions with interests that differ from, or conflict with, yours. You also agree that we will not be required to disclose to you information known to us (or another member of our Group) that is confidential to those parties and may be relevant to your interests."
Clearly it's worth checking !
Let's not forget that these people are not posting all day every day here and on ADVFN to share any constructive research or give any genuine advice.
They are working, possibly together, to spin endless conspiracy theories and spread negative sentiment with the sole aim of spooking investors into selling their shares at the first opportunity. They may hold short positions but I suspect they are just day traders hoping to create some volatility in the SP when suspension ends.
Meanwhile, EUA seems to be in a very strong position with a profitable operation and a valuable asset for sale ...
GLA