I think you are mistaken, or perhaps misinformed by your brokers.
When I signed up for a margin loan, I was advised that any shares I use for collateral can be used to on-lend to short a stock. Without you agreeing you cannot sign up for a margin Loan. Lets explore this further.
So for example, If I gave them 1000 CBA shares, they will open a margin facility, I still own my CBA shares, even though they may on-lend the shares for some fund manager to short CBA. This does not impact my ownership or my voting power, as legally I am still the true owner.
So coming back to your "You have been warned" - re Shorts calamity on Wednesday - I think you have been misinformed, as there is no way in the world 20 million shorts will be returned just for voting purposes. - Voting isn't the concern here
To me you are giving misleading information, and my belief you are trying to convince people to sell shares, for your benefit - Just state the facts.
Apart from that, I'll be honest - get ready to get burnt with your shorts!!! Just like you may have taken a hit on PDN!! (I am in both stocks)
To me the very fact that the US opened up travel to 33 countries, is an absolute game changer. So FLT, just broke its downtrend, and according to the chart this will head higher.
- Forums
- ASX - By Stock
- FLT
- Crazy Valuation
Crazy Valuation, page-54
-
- There are more pages in this discussion • 209 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FLT (ASX) to my watchlist
|
|||||
Last
$19.97 |
Change
0.370(1.89%) |
Mkt cap ! $4.414B |
Open | High | Low | Value | Volume |
$19.64 | $19.97 | $19.61 | $16.23M | 817.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 137 | $19.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.97 | 40014 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 19.800 |
1 | 40 | 19.690 |
1 | 51 | 19.650 |
1 | 300 | 19.620 |
2 | 550 | 19.610 |
Price($) | Vol. | No. |
---|---|---|
19.990 | 217 | 1 |
20.000 | 2102 | 4 |
20.060 | 800 | 1 |
20.100 | 2000 | 1 |
20.150 | 238 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
FLT (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online