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9.2¢ titomic limited

No they lose 30c per share. "Shorting, or short-selling, is when...

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fluro2au

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21/09/20

08:42

Post #: 47491275
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Originally posted by murrayrt: ↑

I am no expert on this borrowing shares but if they borrowed them at a price of 70 cents and the price goes to $1
don't they stand to make money?
I know if you own say CBA you can lend your shares for a 3 month or whatever period and you receive a payment
for loaning them so if the price goes up or down you end up with the fee plus your shares back and they could have gone up or down.
In the case of TTT the price has been stable for some time so the owner may have loaned the shares to at least see some
interest on their investment. I don't know from the details of the loan shares if it lets us know weather they hope to profit from a
fall or a rise in price.

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No they lose 30c per share.

"Shorting, or short-selling, is when an investor borrows shares and immediately sells them, hoping he or she can scoop them up later at a lower price, return them to the lender and pocket the difference. "

TTT Price at posting: 67.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 9.2¢		Change 0.000(0.00%)		Mkt cap ! $92.97M

Open	High	Low	Value	Volume
9.5¢	9.8¢	9.2¢	$99.92K	1.050M

Buyers (Bids)

No.	Vol.	Price($)
1	16711	9.2¢

Sellers (Offers)

Price($)	Vol.	No.
9.4¢	152674	2

View Market Depth

No.	Vol.	Price($)
3	98461	0.091
3	235759	0.090
2	110000	0.089
1	17768	0.088
1	137079	0.087

Price($)	Vol.	No.
0.092	86962	2
0.094	152674	2
0.095	131024	2
0.097	26148	1
0.098	321006	3

Last trade - 14.53pm 23/05/2024 (20 minute delay)


Last 9.1¢			Change 0.000 ( 0.44 %)
Open	High		Low	Volume
9.5¢	9.8¢		9.1¢	1049291
Last updated 15.14pm 23/05/2024 ?

TTT (ASX) Chart