I too only invest, not sell short. In fact, I don't think that short selliong should be permitted - if people want to profit from an expected decline in share price, they should use a derivatives market.
The reason I don't think that short selling should be permitted is that in share market investment - real investment not gambling - a measure of underlying share value is market cap (# of shares * share price) vs business profit and prospects. When someone short-sells, extra shares come into the market. The number of people 'owning' shares increases, and consequently the number willing to buy the real shares is reduced. ie, short-selling has the effect of manipulating the market in its own favour - it manipulates the market share price downwards.
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codan limited
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$29.98

is it a hold or a sell?, page-38
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Last
$29.98 |
Change
-0.310(1.02%) |
Mkt cap ! $5.452B |
Open | High | Low | Value | Volume |
$30.61 | $30.72 | $29.98 | $16.64M | 553.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 891 | $29.98 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$30.26 | 315 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4 | 29.950 |
1 | 17 | 29.850 |
2 | 1302 | 29.800 |
1 | 300 | 29.540 |
1 | 169 | 29.500 |
Price($) | Vol. | No. |
---|---|---|
30.300 | 280 | 1 |
30.340 | 3199 | 1 |
30.600 | 17 | 1 |
30.790 | 811 | 1 |
30.970 | 500 | 1 |
Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
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CDA (ASX) Chart |