QIN 0.00% 29.5¢ quintis ltd

Liabilities exceed assets - so what, page-19

  1. 3,053 Posts.
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    that's not how stock lending agreements work. If a stock's suspended you continue to pay borrow fees, but the lender can't recall the stock during that period.

    When I was short the borrow fee was 11% per annum. So assuming this goes bust in July, the shorts will have paid away about 2% of their profits net of the interest on their cash.
 
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