It’s a possibility it saves them selling any more shares on market for tax purposes etc - it is not illegal and I couldn’t find where it states they are restricted from doing it and you still maintain full ownership and you would have full anonymity
On 200,000 shares lent out @$5 at 22%. Not a bad return per annum of $ hundred of thousands dollars awaiting revenue to eventuate .
Be a nice earning for no effort - apart from a takeover very few other monetary or exit strategies
As I said nothing illegal being done or the company would incorporate into the company policy
It’s a possibility it saves them selling any more shares on...
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Last
$2.05 |
Change
0.020(0.99%) |
Mkt cap ! $389.2M | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.07 | $1.99 | $390.7K | 192.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1659 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.07 | 18144 | 3 |
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