I believe the shorters are being charged up to 20% for the shares they "borrow". I assume that is 20% annually. So they will be charged 20% / 365 per day? In which case the cost of borrowing will not be too high if the shorter holds the borrowed shares for a week or two.
Can anybody explain?
Lithium bubble is bursting, page-121
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Last
5.6¢ |
Change
-0.001(1.75%) |
Mkt cap ! $93.12M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.8¢ | 5.6¢ | $86.01K | 1.522M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1361488 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 419737 | 4 |
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| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
-0.001 ( 1.75 %) |
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| Open | High | Low | Volume | ||
| 5.8¢ | 5.8¢ | 5.6¢ | 1409092 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| LKE (ASX) Chart |