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
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 (20min delay)
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Last
$1.00 |
Change
-0.040(3.85%) |
Mkt cap ! $2.424B | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.04 | $1.00 | $13.10M | 12.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 113 | 653526 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 132985 | 2 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.01 |
Change
-0.040 ( 3.92 %) |
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| Open | High | Low | Volume | ||
| $1.04 | $1.04 | $1.00 | 3687452 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| LTR (ASX) Chart |
