It's 40% on NAB Equity Lending also. I don't know for how long.
I am surprised if this is new, as SFR has been a billion dollar stock for a while (hasn't it?)
Anyway, lenders don't look at anything more than market cap, liquidity and some other things. They don't go into the question of whether a stock is "a good bet" etc
Certainly margin lending makes a stock more attractive to punters. It gives them more to punt with.
price, page-5
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Last
$8.90 |
Change
0.010(0.11%) |
Mkt cap ! $4.070B | |||
| Open | High | Low | Value | Volume |
| $8.79 | $8.93 | $8.67 | $24.76M | 2.807M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11608 | $8.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.91 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SFR (ASX) Chart |