finance companies lend money at discount so can make money from customer
ect financial would burrow money from wholesale then makes money from options holder for high interests rates
is win win for ect and shares holders who doesn't have elfs
Ann: Equity Lending Facility Results, page-41
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.10M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $22 | 6.218K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 18713923 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12658157 | 23 |
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| Last trade - 15.38pm 09/07/2024 (20 minute delay) ? |
| ECT (ASX) Chart |