"They effectively agree to 'sell' their shares temporarily with the proviso that the buyer MUST 'sell' them back to the original owner at the same price after a certain time, or on demand."
No there is a misunderstanding here, they must return the same number of the asset, the price doesn't matter.
Lets say i borrow 1 BOBDollar from you and its worth 10 dollars all i have to do is give you back that 1 BOBDollar not 10 dollars worth, so if i sell the bod dollar at 10 bucks and then do something to make the 1 BOBDollar worth 10cents i can then buy that Bobdollar back and give it back to you.
So the lender misses the opportunity to sell high and maybe never sees that high again.
- Forums
- ASX - By Stock
- Running discussion on SP
"They effectively agree to 'sell' their shares temporarily with...
-
- There are more pages in this discussion • 497 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 WBT (ASX) to my watchlist
|
|||||
Last
$2.05 |
Change
-0.090(4.21%) |
Mkt cap ! $387.2M |
Open | High | Low | Value | Volume |
$2.11 | $2.14 | $2.03 | $948.3K | 457.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 28125 | $2.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.11 | 4886 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 27008 | 2.050 |
3 | 13995 | 2.040 |
1 | 11000 | 2.030 |
3 | 12636 | 2.020 |
1 | 2000 | 2.010 |
Price($) | Vol. | No. |
---|---|---|
2.130 | 9333 | 1 |
2.140 | 29898 | 3 |
2.150 | 12345 | 2 |
2.160 | 12395 | 2 |
2.170 | 9759 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
WBT (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online