apologies if i have this completely wrong... ( i am young and naive but not stupid so please don't answer Cujo )
If KAR buy back 25million... won't that give them approx 3% of the stock? ( or to that effect)
so im trying to get my head around this in terms of Pegasus shorting...
surely has to be more to this otherwise the share price has to climb very quickly doesnt it...
and who can afford to give up 3% of their stake at these prices?
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Last
$1.53 |
Change
-0.075(4.67%) |
Mkt cap ! $1.192B |
Open | High | Low | Value | Volume |
$1.56 | $1.57 | $1.52 | $12.45M | 8.079M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 350 | $1.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.54 | 57889 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 350 | 1.530 |
2 | 4967 | 1.525 |
10 | 195135 | 1.520 |
8 | 71697 | 1.515 |
9 | 67024 | 1.510 |
Price($) | Vol. | No. |
---|---|---|
1.535 | 57889 | 3 |
1.540 | 12124 | 2 |
1.545 | 72320 | 3 |
1.550 | 171112 | 5 |
1.555 | 39970 | 2 |
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