GMD genesis minerals limited

GMD TA, page-246

  1. 6,907 Posts.
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    Not as much as forking out $264.5m in one hit. No rush. Bleed them slow.

    On the more expensive side I say... Generally speaking the the more difficult it is to borrow the stock, the higher the Stock Loan Fee is. The degree of short interest, therefore, provides an indication of the stock loan fee amount. Stocks with a high degree of short interest are more difficult to borrow than a stock with low short interest, as there are fewer shares to borrow.

    In any case the shorter must reassure the lender by putting up collateral such as cash, treasuries, or a letter of credit from a banking institution. If the collateral is cash, the interest paid by the stock lender on it to the borrower may offset part of the stock loan fee. A bit of relief that way I suppose.

    Most shares held by brokerage firms on behalf of their clients are in “street name,” which means that they are held in the name of the brokerage firm or other nominee rather than in the name of the client. This way the brokerage can loan the stock out to other investors. And we wonder why they call themselves State Street
    Last edited by Exised: 21/03/25
 
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Last
$3.92
Change
-0.170(4.16%)
Mkt cap ! $4.431B
Open High Low Value Volume
$4.07 $4.09 $3.91 $13.08M 3.312M

Buyers (Bids)

No. Vol. Price($)
1 10000 $3.91
 

Sellers (Offers)

Price($) Vol. No.
$3.94 25089 2
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
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