not really sure, my guess is challenger has a lot a2m share, the shorter can borrow the shares from challenger to short on A2M and pay challenger big and fat interest for shorting. as long as challenger does not sell this shares it is not lost for it. if price up shorter got burnt challenger receive interest and share's price up. if shorter succeed then challenger still get interest and can buy more to accumulate. anyway that is my thought it might be wrong completely.
Ann: Change in substantial holding from CGF, page-15
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Last
$6.99 |
Change
-0.120(1.69%) |
Mkt cap ! $5.053B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.07 | $6.96 | $10.80M | 1.545M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 13394 | $6.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.99 | 4946 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |