Actually, a lot of Superfunds will lend out shares to shorters, to make $$$$$$$$$.
Here is them admitting to this practice.
An AustralianSuper spokesperson tells SFT the fund acknowledges securities lending is “an important part of any well-functioning market, and while required for short selling is also used for many other purposes such as derivatives hedging, balance sheet optimisation, index fair value and dual-listing relative value transactions”
Ann: Change in substantial holding, page-5
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Last
$3.00 |
Change
-0.100(3.23%) |
Mkt cap ! $9.034B | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.20 | $2.98 | $96.27M | 31.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 80269 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 22200 | 4 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |