It is a long time since I looked at lending shares out but essentially anyone that owns shares can lend them to an institution.
So for example if you have shares in TLS or OSH you can lend them to Macquarie for instance and they pay you a fixed fee per quarter. They will be the beneficial owner of the shares and are entitled to dividends and other entitlements for the period of ownership.
Depending upon the share volatility the return can be about 5-6% per quarter. If you are long term holder and just need income then it is a good income strategy. Typically they take a minimum parcel of 1000 shares and they have to issue a prospectus that can be found on the ASX website. All the terms and conditions are in this document.
There is a bit more here
- Forums
- ASX - By Stock
- FAR
- Shorter still at it
Shorter still at it, page-43
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
|
|||||
Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.66M |
Open | High | Low | Value | Volume |
50.5¢ | 50.5¢ | 50.5¢ | $14.48K | 28.69K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5356 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 59999 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30878 | 0.500 |
1 | 30000 | 0.495 |
2 | 28930 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.525 | 69690 | 1 |
0.530 | 30000 | 1 |
0.535 | 30000 | 1 |
0.540 | 52471 | 2 |
0.550 | 82295 | 3 |
Last trade - 15.44pm 12/07/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |