Thanks Zhc003, have a got this correct, they borrow, or loan funds to buy shares from say NAB, then sell the shares when they increase in value for a profit. If what I have just said is correct, what happens if the shares fall, does the lender in this case NAB apply a margin call, or sells the shares then demand payment of balance
AGE chart, page-1956
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Last
5.3¢ |
Change
0.001(1.92%) |
Mkt cap ! $205.0M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.3¢ | 5.2¢ | $181.5K | 3.475M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 180000 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 1579955 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AGE (ASX) Chart |