RES 0.00% $4.61 resource generation limited

make or break for mgt, page-147

  1. 644 Posts.
    Under the current ASIC directive, you can not short stocks that are not on the approved list. Brokers have an obligation to disclose any short sales, and must determine whether any sale is a short, prior to transacting. They also have to settle trades in a worst case t+10 scenario or place themselves at risk of hefty fines or even suspension from the exchange.

    Additionally, I don't see any of our top 20 shareholders as having any interest in promoting a strategy that undermines the value of the stock. RES is currently far too small a play to be worth shorting on the scale that you seem to be suggesting.
 
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