I don't know much about shorting, but I don't think thats right.
http://www.shortman.com.au/stock?q=FAR
The shorts all seem to be between 6.5c and 9c, meaning that the shorters would already be behind the 8-ball now, only they have made a fortune in the mean time. The lenders purchase price has nothing to do with the profit of the shorter.
I'm sure i can be corrected here.
Cheers
Friday numbers, page-15
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 48.5¢ | $4.85K | 10K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31741 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 200000 | 1 |
View Market Depth
| Last trade - 10.04am 07/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |