The way the share market is today with short selling, algorithm trading etc., I wonder how many self funded retirees and ordinary long term holders, will just give up on the share market and let the new age way of trading fight it out among themselves. How many will be too scared to invest in the future due to the dreadful practice of short selling? I can only hope now that we do OK here in time once we get back to normal after this pandemic. I know this is the last time I will ever buy into the share market. The large institutions are protected by asic. Lenders lend out our shares without our knowledge and we can’t stop them.
The greed of these large institutions today is just wrong. They don’t care about Australian companies trying to survive or keeping our country strong. All they care about is lining their own pockets and making their rich clients even richer no matter what it takes. I can only imagine their fees.
Sorry guys but just needed to vent.
Shorts, page-28
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $200.6K | 1.232M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 145000 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1260877 | 11 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |