"Macquarie might subtract their fee from the cost of the shares. Then they have a bit of room to move below the 40c level."
That's a really interesting point. Hadn't considered that.
"In their desperation for cash they could even sell below that."
This is what worries me. Further out, if we see a ban on shorting financials lifted then it will be interesting times.
"Macquarie might subtract their fee from the cost of the shares....
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Last
23.5¢ |
Change
0.010(4.44%) |
Mkt cap ! $192.2M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 23.5¢ | 21.5¢ | $853.4K | 3.762M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 517742 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 955389 | 12 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| SBM (ASX) Chart |