I think short selling has no place in a functional market.Maybe years ago when there was less noise around the market ,BUT,today with the financial media and the increasing number of tipsters on the digital platform it provides greater opportunity for creating FEAR in the investor community.
Trust has been broken in the financial world.People are even more sceptical about what to do with any spare cash.Infact,I reckon the old habit of putting money under the mattress is alive and well.
The financial crisis was the tipping point.Since then after promising the world BANKS still continue their devious practises.
The 4 Pillars in Australia have been a national disgrace.After the RC no real jail time has aventuated for the culprits.
SO
The financial world is open for disruption!
Things could not be any worse!
Go ISX!
IMO
ISX Price at posting:
$1.07 Sentiment: Buy Disclosure: Held