The ASX Short List does not include penny dreadfuls such as ICP.
One of the key criteria is size and liquidity - principly because the shorters are selling stock that doesn't exist (a naked short) and hence the need for a/ liquidity and b/ transparency.
Mainly the ASX Shortsell List is ASX 300 stocks.
If ICP is being shorted (as opposed to just going down because holders know that the outlook isn't that flash) - then it is being done by one or more parties borrowing shareholders stock via firms such as Tricom or Opes Capital.
In this case the shareholder is staying the same but recieving a payment for lending his stock. There is no transparency as the process gets around the ASX disclosure rules and you (and everybody else other than those di4rectly involved) will ever know what happened.
Its a joke and it shouldn't be allowed to happen but the ASX itself is a joke these days dedicated to nothing other than te maximisationnof trading volumes for the benifit of the regularor (ie the ASX itself.)
Good luck.
STL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Not Held
