They have borrowed from longs and then lent onto active shorters. They make margin on the loaned shares and the longs make money on the original lending fees. Citi is middleman with little risk.
Long owners probably are likely hedging and lending to make some income while waiting for the inevitable cycle upwards.
Good News & Bad News, page-45225
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Last
$3.27 |
Change
0.105(3.32%) |
Mkt cap ! $9.907B | |||
| Open | High | Low | Value | Volume |
| $3.22 | $3.30 | $3.21 | $56.83M | 17.47M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 295812 | $3.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.27 | 23631 | 13 |
View Market Depth
| Last trade - 14.54pm 30/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |