...a short seller sells 10,000, 000 GRR shares @ 11 cents per share...cost $1,100,000.00...
...he hopes that GRR's share price will drop to 7 cents, so that he can make $400,000.00 at the expense of GRR's shareholders...
...unfortunately for him, the GRR's share price skyrockets to 50 cents per share...
...and he has to cover $3,900,000.00 or we may say he loses $3,900,000.00...
...if it is not a risky business, what is?..,
Ann: GRR - Quarterly Report for 3 months ended 30 June 2015, page-129
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Last
23.3¢ |
Change
-0.008(3.13%) |
Mkt cap ! $277.7M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 23.0¢ | $214.2K | 909.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 453284 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 170295 | 27 |
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| Last trade - 13.18pm 18/09/2024 (20 minute delay) ? |
| GRR (ASX) Chart |