Saturday, April 10, 2021 8:20:35 AM
Currently the annualized interest rate is at 5.7% and was as high as 6.5% on Jan.1st and is being paid on a daily base EOD.
There is a fully functional exchange named as SLB that does nothing else but broker shares to be borrowed between holders and shorters..
As log as GEM is in it for the money I don't expect this to change even so you are invested because of humanitarian reasons only, ain't it?
Contrary to you they earn money while they wait
But then there is no need to be wailing about the share price..
p.s.:
there is no substance to any ideations that GEM wants to keep the shareprice down to orchestrate a Buy Out. It would not serve their self interest to build this investment up for 8 years and sell it all for 2$ when the can keep it and earn 3,4,5 or eve 10$
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