Adwebster
That is naked short selling - selling stock you haven't borrowed, and therefore there is an unlimited amount of it.
In abstract theory you are correct but in practice and under existing ASX rules it is very limited.
Here is the list of allowable stocks and volumes allowed for naked short selling.
http://www.asx.com.au/data/shortsell.txt
naked short selling banned on asx, page-22
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Last
$63.41 |
Change
1.050(1.68%) |
Mkt cap ! $12.29B | |||
| Open | High | Low | Value | Volume |
| $62.99 | $63.47 | $62.92 | $27.43M | 433.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 734 | $63.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $63.41 | 1023 | 2 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |