No not at all.
Shorting terminology is borrowing and lending stock, but this is really a bit of a misnomer because actually the shorter buys the shares from the "lender" (there's a full legal transfer) and at same time writes a call option over the shares for the "lender". The shorter provides security for the obligations under the call in the form of cash or liquid securities > market value shares (how much depends on shorter credit rating and underlying volatility). Call options are a form of derivative product, i.e. side bets on the underlying share. Whenever there are side-bets, you can create scenarios where more or less profit is made by rise and falls than just on the underlying shares. This has got nothing to do with there being more shares. There are no more shares. Just try voting those extra shares you say were effectively issued.
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Last
$51.14 |
Change
-0.760(1.46%) |
Mkt cap ! $20.81B | |||
| Open | High | Low | Value | Volume |
| $51.65 | $52.27 | $50.90 | $21.49M | 419.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1624 | $50.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $51.22 | 1373 | 1 |
View Market Depth
| Last trade - 16.10pm 08/07/2025 (20 minute delay) ? |
| SGH (ASX) Chart |