Short selling... New concept to this little wood duck.
So you borrow shares. Sell them and buy them back at a lower price.
If the price goes up... Do you still own the shares and is it the difference In SP plus the principle that you pay??
Sounds like speculation at the highest end of risk. This stock could be a no brainer for the short-medium and long term it presents to me allot of anticipation on potentially very well geared PS announcements.... OBJ withstood a remarkably stable level during the idle period leading up to the anticipation period. If the announcement comes out without any delays and it shows considerable $$ value to the company then the outcome should be obvious.
I think ADO will do something similar leading up to its Mar quarterly with only a few differences one being that at any moment a PS announcement regarding additional Licensing agreements could just pop up..eg DioSion have come up with the funds to fulfill their trans Agreement, Roche looking at the products Etc... Whamo SP rockets north again. Further revenue starts coming in and the ADO business model starts taking form.
I guess my speculations are somehow equivalent to a Short... Buying now and selling in the future and profiting on the completion of the transaction.
Just my Op.
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $64.73M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.5¢ | $34.35K | 1.322M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 114142 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 530000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 54142 | 0.026 |
11 | 1967613 | 0.025 |
8 | 1457750 | 0.024 |
4 | 1110217 | 0.023 |
6 | 1614450 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 530000 | 2 |
0.028 | 30000 | 1 |
0.030 | 84519 | 3 |
0.031 | 675001 | 2 |
0.032 | 191382 | 2 |
Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
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