ASM 6.36% 58.5¢ australian strategic materials limited

Probably a silly question, but I'll ask it anyway...If an...

  1. ufm
    91 Posts.
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    Probably a silly question, but I'll ask it anyway...

    If an institution loads up on ASM shares at an average price of $10, why would they then loan out the shares for someone to short the stock and drive the price much lower to say $3? What does an institutional holder gain by loaning the shares and decreasing the value of their own investment?
 
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58.5¢
Change
0.035(6.36%)
Mkt cap ! $106.0M
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56.5¢ 59.5¢ 55.5¢ $169.5K 294.7K

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No. Vol. Price($)
2 90516 55.5¢
 

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Price($) Vol. No.
58.5¢ 8625 1
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