That right, they are not owned. If shorter returns the shares back to the intermediary (broker) etc (who returns these to the owner) and they have paid the fees to the owner (lender) of the shares - all is equal.
Could be wrong, but I don't think it is essential the shorter buys share on the market.
Botmania, page-19
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Last
17.0¢ |
Change
0.010(6.25%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 17.0¢ | 15.5¢ | $627.4K | 3.817M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 306000 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 374569 | 7 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CVN (ASX) Chart |