Why do they have to buy back twice?
Borrow 1M shares from JP
Sell 1M shares, get $$
Buy 1M shares from CR, shares are shares, whether bought back or from CR. I don't know of any rule that says that you need to buy back the exact same shares.
Return 1M to JP - short closed
ZIP TO BOUNCE!!!!, page-358
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Last
$2.75 |
Change
0.000(0.00%) |
Mkt cap ! $3.590B | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.75 | $2.69 | $17.99M | 6.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | $2.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.75 | 83683 | 13 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |