@Dui
Phil King isn't stupid.
He's making 3% on every share he lends out. Shorts don't hold their positions open for long, so he probably will lend out multiple times each year.
Then one day, eventually the share price will rise to match fundamentals, the shorts will need to cover and Phil gets rewarded again when the share price re-rates.
Heck, if anyone wants to borrow my shares, I'd lend it out for 2% - let me know if anyone is interested.
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Last
2.8¢ |
Change
0.001(3.70%) |
Mkt cap ! $9.889M |
Open | High | Low | Value | Volume |
2.7¢ | 2.8¢ | 2.7¢ | $12.79K | 461K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 179761 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 337693 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 179761 | 0.027 |
4 | 198000 | 0.025 |
4 | 185920 | 0.024 |
3 | 370000 | 0.023 |
2 | 145450 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 337693 | 1 |
0.030 | 133333 | 2 |
0.031 | 101391 | 2 |
0.034 | 88000 | 1 |
0.035 | 167000 | 4 |
Last trade - 15.50pm 15/08/2024 (20 minute delay) ? |
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