The problem with shorting such a stable stock like rff is the dividend. The long position Afford to hold with the dividend covering any costs. A short position will get slaughtered with a 6% dividend payable quarterly.
Just be careful if you have opened shorts. The history chart of this shorts illustrates this point.
The problem with shorting such a stable stock like rff is the...
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Last
$2.05 |
Change
0.020(0.99%) |
Mkt cap ! $795.8M | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.06 | $2.02 | $633.6K | 310.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25088 | $2.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.05 | 17620 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| RFF (ASX) Chart |