The problem with shorting such a stable stock like rff is the dividend. The long position Afford to hold with the dividend covering any costs. A short position will get slaughtered with a 6% dividend payable quarterly.
Just be careful if you have opened shorts. The history chart of this shorts illustrates this point.
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Last
$2.08 |
Change
0.040(1.96%) |
Mkt cap ! $809.0M |
Open | High | Low | Value | Volume |
$2.03 | $2.10 | $2.03 | $260.5K | 125.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 17858 | $2.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.08 | 6018 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 17857 | 2.070 |
12 | 11420 | 2.060 |
16 | 29703 | 2.050 |
7 | 10389 | 2.040 |
8 | 36946 | 2.030 |
Price($) | Vol. | No. |
---|---|---|
2.080 | 6701 | 14 |
2.090 | 13062 | 12 |
2.100 | 10116 | 7 |
2.110 | 8189 | 8 |
2.120 | 5736 | 5 |
Last trade - 14.10pm 07/08/2024 (20 minute delay) ? |
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RFF (ASX) Chart |