Niocorp Developments Ltd (NB)

[jeunke22]

Just reading how EXOR ( holding company of a.o. Stellantis ) took a 15% ownership share in Philips of the Netherlands without any need to inform the financial authorities. By using the support of Wallstreet Investment banks they shorted and went long at the same time and just showed a net short position for both strategies well under the legal reporting threshold of 5%. In other words nobody was alerted during the process until they announced of having acquired 15% in the company. Could they use a similar strategy to acquire a cheap stake in the market of Niocorp shares or will they opt to buy equity straight from the company? By the way market makers buying( on behalf of ..) have no reporting requirement.