Large companies can accumulate shares in their target without raising the sp of the target , through shorting arrangements.
Refer to the great Post # 70380073 by dynofish in LTR threads.
This is a well written post which aptly describes the practice in the submission to ASIC, etc.
Can be relevant to DLI and other companies being targeted for takeover.
It makes you wonder why the short positions in DLI spiked to 3.7m share in May.
- Forums
- ASX - By Stock
- DLI
- Use of Shorting to Accumulate Share
Use of Shorting to Accumulate Share
-
- 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 DLI (ASX) to my watchlist
|
|||||
Last
22.5¢ |
Change
-0.010(4.26%) |
Mkt cap ! $160.5M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 22.0¢ | $105.6K | 467.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 22271 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 20548 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 22271 | 0.225 |
11 | 156395 | 0.220 |
5 | 330550 | 0.215 |
11 | 346552 | 0.210 |
4 | 52326 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 2357 | 1 |
0.225 | 50000 | 3 |
0.230 | 20548 | 1 |
0.235 | 278954 | 3 |
0.240 | 54475 | 2 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
Featured News
DLI (ASX) Chart |
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online