The lender can demand the shares and the the stock borrow deal at your prime broker rings you and says we want stock back, "called back " is the industry jargon and you must comply and buy back next business day. There are only 2m short - this is not a factor, there will be ample liquidity in first day of trading believe me for these positions to be closed out even if they are all called back
- Forums
- ASX - By Stock
- GSW
- Cash backing 48c
Cash backing 48c, page-5
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GSW (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online