I don't know if you did or not, hence my question.
"cash backed" in this context means that for every dollar value of stock a broker borrows, they provide the equivalent amount in cash to the agent as security.
The owner of the scrip does not expose themselves to risk, they do not lose.
Short squeeze party thread, page-316
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Last
17.3¢ |
Change
-0.003(1.43%) |
Mkt cap ! $501.4M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.0¢ | $55.27K | 316.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 1619450 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 1192567 | 29 |
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| Last trade - 11.02am 19/08/2024 (20 minute delay) ? |
| STX (ASX) Chart |