The shares are borrowed for a negotiated fee and sold into the market. The seller is hoping the price will go south and then they can buy them back at lower price, return the shares to the owner and pocket the difference, less fee.. Not sure how it works with front and back office with the big brokers/funds etc.
Ann: Change in substantial holding, page-33
-
- There are more pages in this discussion • 106 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
93.0¢ |
Change
0.030(3.33%) |
Mkt cap ! $2.254B | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 94.0¢ | 83.5¢ | $48.47M | 54.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1009895 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.5¢ | 149856 | 2 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |