MM,
Remember Opes,
I do, you could borrow stock and pay 2% annualized.
You have seen that ANZ was holding TZL stock as nominee.
If you can get 10% coupon interest you sell the shs short and any bank will look upon the convertible note as good collateral so maybe you pay even less than 2%. In the meantime you get 10%. Hedge funds like this.
dkr conversion, page-23
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.59M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 114391 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 31304 | 1 |
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| Last trade - 16.12pm 30/01/2025 (20 minute delay) ? |
| TZL (ASX) Chart |
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