Mate< State Street and others lend out shares to the Shorters, who in turn pay State Street a premium to do it.
If the SP drops to below the lent out price then they will buy the shares back at the lower SP price (pocketing the difference) and return the lent shares to State Street.
My take on it and others my add or trash it.
Cheers and hold em tight as the rear end of a fish.
SS
- Forums
- ASX - By Stock
- CXO
- Banter and general comments
Banter and general comments, page-23442
-
-
- There are more pages in this discussion • 15,596 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXO (ASX) to my watchlist
|
|||||
Last
9.7¢ |
Change
0.006(6.59%) |
Mkt cap ! $207.2M |
Open | High | Low | Value | Volume |
9.1¢ | 9.8¢ | 9.1¢ | $1.680M | 17.59M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 228125 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.7¢ | 335231 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 228125 | 0.096 |
11 | 659180 | 0.095 |
6 | 530401 | 0.094 |
11 | 715102 | 0.093 |
10 | 1677360 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.097 | 335231 | 4 |
0.098 | 1387196 | 15 |
0.099 | 438600 | 5 |
0.100 | 1060631 | 17 |
0.105 | 1431955 | 19 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |