@invisiblekey It doesn't matter If EOS is lending out their shares (so that they can be sold short) as its just extra income. This negatively impacts the share price in the short-term but in the long-term all it means is more cash for EOS. Given the negative sentiment its probably not a bad strategy to lend out the shares. In the long-term price follows earnings. When sentiment turns the short covering alone should accelerate the share price.
what happened to EOS today ?, page-114
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Last
$1.78 |
Change
-0.030(1.66%) |
Mkt cap ! $343.4M | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.79 | $1.74 | $1.051M | 598.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1130 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 15000 | 2 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| EOS (ASX) Chart |