It is difficult to work out NAB's holding. We just have to accept that some will short DLS and people like us are long. I don't think it is a good idea to short DLS now. But NAB obviously have been asked by one the big Brokers to lend more DLS shares. NAB then rings around as they are in the stock lending business. It is just how share trading works. Some are long and some likes to short.
Ann: Change in substantial holding from NAB, page-7
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