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.
I don't know if you did or not, hence my question. "cash backed"...
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17.3¢ |
Change
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Mkt cap ! $501.4M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.0¢ | $54.98K | 315.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 1684955 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 1127879 | 27 |
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