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
Why do they have to buy back twice?Borrow 1M shares from JPSell...
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Last
$1.70 |
Change
-0.090(5.04%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.78 | $1.69 | $129.7M | 75.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 93847 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 556968 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |