Excuse my ignorance, as I don’t fully understand how a stock is shorted, however is it possible MUFG are hedging there bets in case results in Feb are bad and they own a large stake of EML? Why would they become a substantial holder in the first place? Why not just go short if they believe Feb is going to be bad?
MUFG also increased there holding recently. When someone shorts a stock don’t they borrow the shares, rather than own them?
share price copping a hammering, page-51
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Last
92.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $345.1M | |||
| Open | High | Low | Value | Volume |
| 93.0¢ | 93.0¢ | 90.8¢ | $796.7K | 865.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 23204 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 1264 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| EML (ASX) Chart |