remote
from what i have heard netting off works as follows:
Client 1 - shares worth $1m no loan - net off value $1m gets 70 cents in the dollar on that
Client 2 - shares worth $1.5m loan of $0.5m - net off value (nett position minus debt = $1m - $0.5m) $0.5m so gets 70 cents in the dollar on that..ie half of client 1
abn, page-45
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$28.71 |
Change
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Mkt cap ! $86.14B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3810 | $28.70 |
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| Price($) | Vol. | No. |
|---|---|---|
| $28.71 | 21381 | 1 |
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