SP1 0.00% $1.07 southern cross payments ltd

Ann: Becoming a substantial holder, page-7

  1. 1,886 Posts.
    lightbulb Created with Sketch. 3108

    Hi productive

    The shares were returned on 11-11-16

    http://hotcopper.com.au/posts/20634194/single

    How does the seller benefit - The borrower sells the shares at a given price, and then it hopes to buy the shares back at a lower price from which they sold. So in effect they are buying the shares back at a cheaper price and making a profit from the sp declining.

    Cheers
    Tradealot
 
watchlist Created with Sketch. Add SP1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.