If the shares are transacted via a repurchase agreement, it involves an actual sale and a future repurchase.
So they do own the shares , they then sell them on the market. Hope the price goes down.
They then buy them back at cheaper price, and sell them back to original owner via repurchase agreement .
Original owner doesn't own the shares when the price moves.
Running discussion on SP, page-5626
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Last
$2.30 |
Change
-0.010(0.43%) |
Mkt cap ! $434.5M | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.34 | $2.30 | $1.096M | 476.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 501 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 14000 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |