You have lost me Ratbox. You say
"I must admit that It's a worry the amounts of shorts we have as they need to cover somewhere ,but perhaps they will just return the shares to the original owner. (My embolding)
As I understand it, the shorter's have borrowed shares from the "original owner". They have then sold these borrowed shares. This leads to a situation where they own zero shares but owe shares to the "original owner".
How can they return shares without buying them on market?
Australian article re Hancock, page-142
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Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $629.3M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.8¢ | 22.0¢ | $953.2K | 4.276M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 1256953 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 803387 | 4 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |