Correct, with CMC they organise a St George margin loan and off you go.
I believe CMC run their own book and do not clear out positions to market when clients are dealing with them in the CFD market. They (client) can trade the synthetic of the shares here as well but I presume POH would not be in the list. Other CFD providers clear their positions straight to the underlying market.
Either way, if POH is going to go up, it is going to have to absorb any big hits of shares that are dumped. Presently it curls up and goes to sleep, not indicative of a rocket with the fuse lit. Long term however is what we all should be looking at, not some nervous Nellie dt.
attention downside, page-21
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Mkt cap ! $9.508M | |||
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| Price($) | Vol. | No. |
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