From what I can glean, they're hedging. They borrow shares to short, then buy on market to cover once they realise the tech sell-off was not as drastic as the market.
The elephant in the room here is, J P Morgan sees EML as a serious player in the payments space.
From what I can glean, they're hedging. They borrow shares...
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Last
79.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $298.2M | |||
| Open | High | Low | Value | Volume |
| 79.0¢ | 80.0¢ | 77.0¢ | $1.045M | 1.327M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13642 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 56066 | 6 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| EML (ASX) Chart |