Super funds have an obligation to increase returns for their members and lending shares is one way to earn revenue from their shares in leiu of dividends. They are in it for the long haul and will be holding those shares for many years.
I hate the idea that shorting occurs but it does and we need to live with it, defenders of the practice call it price discovery which is BS for mine and I usually don't get buy where there is a large short interest.
The discussions on these threads are exactly the same as every stock that has any short interest.
For me personally i'm not trading this so don't care if it takes a couple of years to bounce back in fact if we drop 50% i'll just double my holdings and wait and be thankful for the discount.
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81.0¢ |
Change
-0.050(5.81%) |
Mkt cap ! $1.964B |
Open | High | Low | Value | Volume |
84.5¢ | 84.5¢ | 81.0¢ | $8.663M | 10.54M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
67 | 678312 | 81.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
82.0¢ | 83450 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
64 | 655352 | 0.810 |
26 | 431936 | 0.805 |
89 | 974750 | 0.800 |
6 | 29043 | 0.795 |
17 | 87834 | 0.790 |
Price($) | Vol. | No. |
---|---|---|
0.820 | 83450 | 5 |
0.825 | 114068 | 11 |
0.830 | 120922 | 6 |
0.835 | 21317 | 1 |
0.840 | 91543 | 9 |
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