NXS 6.25% 22.5¢ next science limited

short sells up, page-34

  1. 9,544 Posts.
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    Thanks Freewill, I thought there would be some form of compensation to the lender. So there is no free lunch in shorting shares which are going to go ex-rights soon in the hope that the margin by which the shares will drop on ex-rights date will constitute your profit, all other things being equal.
 
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