CDU 0.00% 23.5¢ cudeco limited

Ann: Company Update, page-32

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 30,924 Posts.
    lightbulb Created with Sketch. 174
    LOL! Not so. Go and look it up. The person lending the stock may or may not get a fee. The person borrowing the stock sells it, and then gets interest on the proceeds. When they cover they use the proceeds to buy, give the stock back, and pocket the difference plus interest, or make up the difference if they were wrong.

    The biggest danger the shorters should have been quaking about is when CDU started paying the $2 quarterly divvies, as the shorter has to pay that to the lender.
 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.