They were tracking the index so they balance this with all the other stocks that make up the index basket.
No doubt they then also leant the shares to the shorters and made revenue on the borrow fees / interest (or whatever it's called).
I'd be surprised if they gave the whole exercise any more thought than that.
They were tracking the index so they balance this with all the...
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Last
$2.04 |
Change
0.090(4.62%) |
Mkt cap ! $375.6M | |||
| Open | High | Low | Value | Volume |
| $1.97 | $2.05 | $1.95 | $636.3K | 317.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1135 | $2.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 4819 | 5 |
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| Last trade - 12.11pm 09/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |