WOR 0.86% $13.86 worley limited

@figures, The announcement made today provides the answer to...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,936 Posts.
    lightbulb Created with Sketch. 1554
    @figures,

    The announcement made today provides the answer to your question:

    Two UBS prime broking entities (UBS AG London Branch and UBS Securities LLC) have gone below substantial shareholder level, as they have returned stock to the loan pool.

    UBS Securities Australia has being buying stock on behalf of one or more of its clients, and some 2.3 million shares were on 15 March 2017 returned to their initial owner(s).

    In other words, this update reflects someone who has been short the stock, but has been covering those short positions.

    As one might expect during a prospective takeover situation.
 
watchlist Created with Sketch. Add WOR (ASX) to my watchlist
(20min delay)
Last
$13.86
Change
-0.120(0.86%)
Mkt cap ! $7.649B
Open High Low Value Volume
$14.11 $14.16 $13.86 $12.08M 868.4K

Buyers (Bids)

No. Vol. Price($)
7 13996 $13.86
 

Sellers (Offers)

Price($) Vol. No.
$13.87 2900 1
View Market Depth
Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
WOR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.