PLS 3.17% $3.05 pilbara minerals limited

Ann: Disclosure of Equity Derivative Positions, page-36

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  1. 524 Posts.
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    transaction
    1 short position is taken shares lent from lender at $1.00
    2. short position is bought back at @.60 cents
    3. profit 40 cents
    4. ??? at what price are the shares returned to the lender
    if the shares are returned to the lender at 40c per share then the lender has taken a significant loss

    can anyone answer my question because it does not make sense that the lender would lend the shares if they were going to make a loss

 
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Last
$3.05
Change
-0.100(3.17%)
Mkt cap ! $9.185B
Open High Low Value Volume
$3.13 $3.15 $3.02 $74.55M 24.33M

Buyers (Bids)

No. Vol. Price($)
4 89482 $3.04
 

Sellers (Offers)

Price($) Vol. No.
$3.05 37502 3
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
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