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
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $416.0M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.3¢ | 47.5¢ | $1.327M | 2.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 55071 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 109441 | 3 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
49.0¢ |
Change
0.005 ( 0.95 %) |
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| Open | High | Low | Volume | ||
| 49.0¢ | 49.0¢ | 47.5¢ | 1272936 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| SYR (ASX) Chart |