Imback - agree it is interesting.
At today's close we are at 1%, for tying up funds for thick end of 4 months. You would think that is pretty close to the bond rate. If fact at HSBC right now you can get 3% on at call funds.
So why would you park $ with srx and carry a small risk when you could get 3% with zero risk?
Apart from a punt on a better offer, is there any other explanation? Index funds may need to increase their exposure?
Ann: Ceasing to be a substantial holder, page-15
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16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.91M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 16.0¢ | $730.9K | 4.568M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1667096 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 264086 | 9 |
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