HAS 16.7% 24.5¢ hastings technology metals ltd

Come on people, you have to be better than this (unless you're...

  1. 2ic
    5,716 Posts.
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    Come on people, you have to be better than this (unless you're still in school playing with a demo trading account). This borrow, short, return collateral shares has been going on with HAS, as many other stocks, for years. It's not a sign of confidence it's how funds short a sick dog stock...

    One MS entity has built up a miniscule 118k shares over 12 months, game playing for whatever reason but immaterial. Now another MS entity has borrowed 99% of the new sub holding total to potentially short and play with if they choose.
    https://hotcopper.com.au/data/attachments/5940/5940672-2e41e383987e734c9b52c76a7e311852.jpg

    Morgan Stanley & Co International plc are a long-short fund, and you don't borrow shares to go long because you have to return them and pay high interest rates for the effort.

    https://hotcopper.com.au/data/attachments/5940/5940688-2c945ecc53ab823a33f50383864508bf.jpg
 
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Last
24.5¢
Change
0.035(16.7%)
Mkt cap ! $43.21M
Open High Low Value Volume
20.0¢ 24.5¢ 20.0¢ $150.0K 691.7K

Buyers (Bids)

No. Vol. Price($)
1 39801 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.5¢ 61967 3
View Market Depth
Last trade - 16.10pm 07/06/2024 (20 minute delay) ?
Last
23.5¢
  Change
0.035 ( 17.2 %)
Open High Low Volume
20.5¢ 23.5¢ 20.5¢ 128887
Last updated 15.38pm 07/06/2024 ?
HAS (ASX) Chart
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