OK, not having a go at anyone! But, shorting as a hedge; I assume its only functional purpose is to protect a stock that you might expect to get a capital gain on longterm and want the 50% tax discount? Otherwise it is the same effect to sell the shares and buy again another day?
up down and all around tuesday, page-11
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Last
$6.71 |
Change
-0.030(0.45%) |
Mkt cap ! $6.248B | |||
| Open | High | Low | Value | Volume |
| $6.72 | $6.80 | $6.66 | $8.683M | 1.289M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 16375 | $6.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.72 | 6460 | 40 |
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| Last trade - 15.32pm 05/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |