This needs some clarification. If you borrow a share, you can only do the following: return it to the lender, hold on to the stock, sell the stock to someone else or lend it to someone else. You can only do one of those things. In all of the cases except for returning the stock to the lender, you have an obligation to return stock at an unspecified future date.
If you sell the stock or loan it to someone else, then the buyer/borrower may dispose of it in a similar way ( ie, the borrower may short the stock or the buyer may lend the stock to someone else that wishes to short). As long as the seller has an irrevocable right to settle their sale, it is a covered sale, not a naked short.
- Forums
- ASX - By Stock
- Pls shorted
This needs some clarification. If you borrow a share, you can...
-
- There are more pages in this discussion • 103 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
|
|||||
Last
$2.90 |
Change
0.160(5.84%) |
Mkt cap ! $8.731B |
Open | High | Low | Value | Volume |
$2.83 | $2.90 | $2.80 | $106.1M | 37.06M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 325534 | $2.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.90 | 158813 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3279 | 2.880 |
1 | 8000 | 2.850 |
1 | 600 | 2.840 |
3 | 162003 | 2.830 |
4 | 29560 | 2.820 |
Price($) | Vol. | No. |
---|---|---|
2.900 | 96973 | 10 |
2.910 | 42271 | 5 |
2.920 | 98708 | 8 |
2.930 | 17775 | 3 |
2.940 | 105638 | 7 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |