Australia's largest stock trading and investment forum Australia's #1 stock forum

And yes they do loan out shares for shorts......

First 7812 Last

Share
Profile

Follow
Froggy $

12,986 Posts.

274

04/02/24

12:50

Post #: 72227101
Share

Originally posted by jnene ↑

It’s not mathematically possible for their entire holdings of circa 55 million shares have an average purchase of 8 cents aud
the sp has only recently been this low and as we know they have purchased most of their holdings at last year at considerably higher prices
that said unless they were receiving fees for loaning out there holdings- this could in theory reduce their overall costs , however it’s known that only approximately 1.5% is shorted - which equates to 17 million shares roughly or a roughly 1/3 if their holdings , so no chance they have an average purchase price of 8 cents aud

Expand

And yes they do loan out shares for shorts...

https://fintel.io/ss/us/ura
Upvote

Reply

Top Stories

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

SS1

Sun Silver to kick off drilling next week at 292Moz Maverick Springs silver-gold project

World Gold Council says market in want of catalyst; flags Asia sell-off risks. Then there's Trump

AHK

Ark Mines inks 1.5Bt Exploration Target for Sandy Mitchell REE play including NdPr; PFS due in Q4

There are more pages in this discussion • 616 more messages in this thread...

First 7812 Last

SPONSORED BY