@618
That is correct re collateral, institutional scrip lenders don't lend to nobodies, institutional scrip lenders don't lose.
I had a thought today about shorters closing strategy. We know the SP took a hammering just as we entered the ASX200. It seems a fait accompli that we will exit the ASX200. I need to do a bit more research on the SP/MC when STX was included in the MSCI Global Small Cap index, February 2023 I believe, suspect we are 30% off the SP at that time but SOI increase may save the day. If that status is also lost, as well as ASX200, then there will be a significant amount of stock come onto the market as index funds are forced to exit, in particular, our two SS, Vanguard and State Street.
Is this where the shorts will be closed?
@618That is correct re collateral, institutional scrip lenders...
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Last
28.0¢ |
Change
0.030(12.0%) |
Mkt cap ! $801.0M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 28.3¢ | 24.5¢ | $7.221M | 26.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 293004 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 820079 | 16 |
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