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.
The shares are borrowed for a negotiated fee and sold into the...
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Last
93.5¢ |
Change
-0.050(5.08%) |
Mkt cap ! $2.266B | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | 97.5¢ | 93.5¢ | $49.48M | 52.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 2797617 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 341986 | 5 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |