They are 75% long and 25% short so definitely vastly high price will like $20 will be huge bonus of them but after 7 years of maturity.
Short term (360 days) lets say if SP soars up to $20 which is $11 loss at their borrowed price of $9.18 and if they short at $20 then their breakeven would be $14.5..short term higher price doesn't suit to market makers imo!
Chart - Z1P, page-10524
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Last
$3.25 |
Change
0.140(4.50%) |
Mkt cap ! $4.243B | |||
| Open | High | Low | Value | Volume |
| $3.14 | $3.27 | $3.09 | $45.60M | 14.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8794 | $3.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.25 | 36106 | 6 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |