@gimo211
I think you are describing the "arbitrage" opportunity - where you sell physical STX stock and buy physical TPD with the proceeds. Assuming the soa goes through, you then get your STX shares back, at the designated rate, and have change left over, or you get more STX shares than you started with. To do this, you still need to borrow STX shares from somewhere, so you can sell on market and get your money to buy TPD.
So are you saying the majority of STX short sales are for the purpose of obtaining cash to buy TPD on market? That still has the effect of depressing the STX SP and "inflating" the TPD SP.. and making it attractive for predators to stock up on STX cheaply. Anyway, time will tell.
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@gimo211 I think you are describing the "arbitrage" opportunity...
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $644.7M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 22.0¢ | $501.0K | 2.230M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 2046366 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 318000 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 1994184 | 0.220 |
16 | 659758 | 0.215 |
20 | 1117710 | 0.210 |
15 | 896139 | 0.205 |
29 | 756082 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 300000 | 3 |
0.230 | 5609093 | 19 |
0.235 | 1597574 | 28 |
0.240 | 2882088 | 18 |
0.245 | 2500130 | 21 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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