Given the absence of any profit on the TGR short trade, I'd expect it was conducted by the M&A team at the sponsoring bank as part of the pricing strategy for the M&A. But that's an opinion given the context, certainly not fact.
But again, its hardly a master class of shorting on a mature company paying dividends with stable cash flows where there is little range in possible valuation outcomes.
TGR is incomparable to PNV. Just stop the misdirection @alhambra.
Given the absence of any profit on the TGR short trade, I'd...
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Last
$2.43 |
Change
-0.090(3.57%) |
Mkt cap ! $1.678B | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.50 | $2.43 | $2.311M | 940.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17100 | $2.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.45 | 5973 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PNV (ASX) Chart |