Someone please correct me if I'm wrong, but my understanding is that when an institution lends shares to short sellers, the lent shares stay on that institution's books as if they still own them. As the short seller sells those shares to another party, that party owns those shares too. So what we have, effectively, is a situation where there are more shares (105.67% as of 11 Feb) owned by ALK holders than were originally issued by ALK. I think banning this kind of double ownership of shares would go a long way to restoring some integrity in the stock market. Again, this is my understanding and someone please correct me if I am wrong.
Share Price, page-430
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Last
50.5¢ |
Change
-0.015(2.88%) |
Mkt cap ! $304.7M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.8¢ | 50.5¢ | $314.8K | 617.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 143278 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 169806 | 14 |
View Market Depth
| Last trade - 15.33pm 23/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |