what does it matter how who why ?
it’s a transaction
The owner lends out generally on a buyback basis at an agreed price generally at a percent higher than the last traded price so if last trade 24 I sell on buy back to the borrower at 35 cents that way if the borrower of the shares defaults I have some comfort.
borrower of shares buys at .35 cents while the lender promised to buy back at a .35 less interest 6 percent per day.
The shares are then delivered against a sold position by the shorter - got it ? It’s exactly the same as when u buy shares it’s the same transaction for settling.
now get on with your life I’ve been hearing about this for 45 years.
Thanks Gawd these clowns are short at these levels because any positive announcement and they will be blown up
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $395.8M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 16.0¢ | $1.063M | 6.400M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24995 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 448096 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24995 | 0.165 |
90 | 3833041 | 0.160 |
49 | 3703332 | 0.155 |
61 | 3809827 | 0.150 |
23 | 1341287 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 423096 | 9 |
0.175 | 839340 | 14 |
0.180 | 1897536 | 25 |
0.185 | 1030485 | 18 |
0.190 | 1152921 | 20 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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