I agree with you Mina, if they do buy in order to lend out to short, that ultimately means that they have a long view on A2M. Why risk a massive capital loss for a couple percent p.a interest fee on lending short (if they did have the view that a2 was in overpriced territory)??
The trade records are incomplete so we can't say anything conclusively, but by looking at the cumulative sum of shares from their trading and the prices they're buying and selling at, it looks to me more like they're offering institutional trading services more than anything rather than taking pure long short positions.
I agree with you Mina, if they do buy in order to lend out to...
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 (20min delay)
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Last
$5.92 |
Change
-0.020(0.34%) |
Mkt cap ! $4.279B | |||
| Open | High | Low | Value | Volume |
| $5.87 | $5.98 | $5.87 | $20.08M | 3.396M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16080 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 1782 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$5.94 |
Change
-0.020 ( 0.01 %) |
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| Open | High | Low | Volume | ||
| $5.90 | $5.98 | $5.87 | 422396 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| A2M (ASX) Chart |