BoA isn't shorting... Merril Lynch is... BoA is facilitating the short by lending securities.
Clearly there is plenty of money to be made by the big end of town in terms of interest and costs associated with lending agreements
It is something that should not be part of normal market operation IMO... leave that to options
Ann: Ceasing to be a substantial holder, page-36
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Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $308.7M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.2¢ | 3.0¢ | $509.3K | 16.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 118 | 27732453 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 3034261 | 11 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |