I think they double dipping. They might believe in the stock on the long run so hold, but lend at 20% interest for others to short. The price in the short term doesn’t matter to them as long as they have entered at a reasonable price. They continue to earn 20% interest on the stock. If one day MSB got the FDA node, they can recall the stock, cause a short squeeze, then sell to make extra profit.
Win-win situation
If MSB would never get FDA approval, they have reduced the losses by their lending, they prob wouldn’t invest in a stock if they don’t think it will get a return from it anyway?
I think they double dipping. They might believe in the stock on...
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Last
$1.07 |
Change
-0.030(2.73%) |
Mkt cap ! $1.221B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.21 | $1.05 | $28.73M | 25.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14264 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 24626 | 3 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$1.08 |
Change
-0.030 ( 2.52 %) |
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| Open | High | Low | Volume | ||
| $1.10 | $1.21 | $1.05 | 5190842 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| MSB (ASX) Chart |