Riddle me this.
Stockholder AAA loans a million $10 XYZ shares to BBB to short sell and the price of XYZ drops to $3.
So BBB buys them back for $3 and returns them to AAA.
Ignoring that BBB will pay some of the profit to AAA as compensation - how does AAA account for the nominal loss of $7m?
One assumes that AAA is a Fund Manager and should be acting in the best interests of their clients.
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Last
$4.50 |
Change
0.010(0.22%) |
Mkt cap ! $3.018B | |||
| Open | High | Low | Value | Volume |
| $4.49 | $4.52 | $4.49 | $17.20M | 3.818M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1300 | $4.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.51 | 33291 | 5 |
View Market Depth
| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| IFL (ASX) Chart |