most lenders do it for the income, not some investment strategy to purchase more shares.
Usually super funds etc who buy and hold - they think "might as well get something while we hold them".
They're fools.
The shorters are dumping stock on market and then closing out their positions off-market by various means. It is a massive rort and an obvious distortion of the market.
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $17.92M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $358.7K | 15.64M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2917543 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1676234 | 4 |
View Market Depth
| Last trade - 15.47pm 18/07/2025 (20 minute delay) ? |
| BRU (ASX) Chart |