Just to clarify - for instos anyway:
- UBS holds/owns the stock
- Client A sells a position short in that stock
- Prior to settlement, Client A borrows the stock from UBS to be able to settle their short sale (they borrow the stock against cash deposited with UBS at a crap rate)
- When they feel like it or when they can buy back the stock on the cheap, Client A buys back on market and on settlement of that buy, returns the stock to UBS. UBS gives back the cash + interest.
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Just to clarify - for instos anyway: - UBS holds/owns the stock...
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.524M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.5¢ | $9.887K | 624.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6355 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6355 | 0.016 |
4 | 559314 | 0.015 |
3 | 420000 | 0.014 |
2 | 397000 | 0.013 |
1 | 80000 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 20000 | 1 |
0.018 | 252359 | 2 |
0.019 | 677115 | 3 |
0.020 | 50000 | 1 |
0.021 | 203466 | 1 |
Last trade - 15.00pm 26/06/2025 (20 minute delay) ? |
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AMAERO LTD
Hank Holland, Chairman & CEO
Hank Holland
Chairman & CEO
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