The only index funds that lost were the ones that lent out the least shares. Index funds just buy the index and don't care as all the index funds are all sitting in the same pool water. As long as they can entice people with lower management fees (at the result of lending out shares), they win.
Confirmed by resident insto shorter, @jamblobby
The only index funds that lost were the ones that lent out the...
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Last
$1.78 |
Change
0.075(4.40%) |
Mkt cap ! $336.2M | |||
| Open | High | Low | Value | Volume |
| $1.71 | $1.80 | $1.71 | $1.415M | 810.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22574 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 1111 | 1 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| WBT (ASX) Chart |