I still really struggle with the logic of this.
You lend your shares to another company for a piddling fee, they short the crap out of them, and them return them too you when they're worth half the value they were.
Only thing I can think is if you must have a very long term perspective, your convinced they will recover, and see some income as being better than none in the short term.
My simple logic, for what it's worth.
I still really struggle with the logic of this.You lend your...
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Last
36.5¢ |
Change
-0.010(2.67%) |
Mkt cap ! $377.7M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 36.0¢ | $4.232M | 11.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 866521 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 228188 | 6 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SYR (ASX) Chart |