People need to understand that shorting is not the problem here....
Large debt is the problem. When an organisation needs to refinance debt every so often and relies on this debt to make money then one day they will be caught with their pants down. Just like BNB.
Liquid assets worth 20bn on paper may not be worth 20bn if they ever sold them. This is the problem.
The model is in question here.
Short selling is just part of the market has been for years its nothing new...
how do we get asx to stop shorts, page-14
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Last
$207.15 |
Change
2.480(1.21%) |
Mkt cap ! $79.06B | |||
| Open | High | Low | Value | Volume |
| $206.50 | $207.95 | $206.33 | $91.99M | 444.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 72 | $207.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $207.32 | 2083 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| MQG (ASX) Chart |