Yeah. I know. But they dont care. Frank loans 3M ADN to Bobby Smith get paid $50K for the loan and in December Bobby Smith gives 3M ADN shares back. Frank is up $50K, and kept his shares and I doubt the price in December will be any different with some shorting going on now and take into account those shares need to be repurchased.
I don't do it, but it is just another financial instrument. With a bigger stocks, buying Put Options is a <little> similar, your banking on it going down.
Looking forward to this DFS. Anyone got a time machine?
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Yeah. I know. But they dont care. Frank loans 3M ADN to Bobby...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.14M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $13.01K | 1.653M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
50 | 22348325 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 8394400 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
50 | 22348325 | 0.007 |
22 | 10091863 | 0.006 |
15 | 10601333 | 0.005 |
2 | 5000000 | 0.004 |
3 | 8333333 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 8394400 | 7 |
0.009 | 27580028 | 22 |
0.010 | 23847978 | 14 |
0.011 | 16613479 | 8 |
0.012 | 15258100 | 7 |
Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
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ADN (ASX) Chart |