trendsetter think about ownership like this, I own something to entitle myself to the economic benefit/loss it generates.
Similar to the way longs "own" a share entitling him/her to the benefits of price rise, shorts also "own" a share entitling him/her to the benefits of price drop.
The popular perception is that you can only own something through buying, that is not entirely correct. Through shorting I am exposing myself to the economic benefits my action generates, I am "owning" it just in a different direction to the longs.
trendsetter think about ownership like this, I own something to...
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 (20min delay)
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Last
$17.50 |
Change
0.840(5.04%) |
Mkt cap ! $53.88B | |||
| Open | High | Low | Value | Volume |
| $16.89 | $17.74 | $16.84 | $346.2M | 19.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5870 | $17.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.50 | 12148 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |