Hi Goldie - you could short if your Broker would allow... Your Broker would need to know your financial position. Shorting can be very dangerous----financially. Yes there may be interaction between Brokers but someone must hold shares to lend to the shorter. Shorts must be covered. You short sell I buy I want my transaction settled in 3 days..... that is the normal process (it was when I was involved- may have changed) Should the shorter ' borrow' and that is normally from a Super Fund - Managed Fund etc(they charge a fee) then the transaction can proceed, the shorter however must replace the borrowed shares in due course. My opinion shorters are a pain in the ar--. They can if a concerted effort by them , suppress the s/p --- but if good news hits and the market sentiment turns quickly they can loose heaps. So if you wanted to short and do so for a longer period than normal your Broker would need to find some one willing to lend. If you held heaps and someone approached your Broker - I believe you could lend shares - BUT how good is the borrower. ???
There were 1,037 ,000 appx shorted mid Feb 17-2-2022 peanuts compared to the SOI. There are 2 sites :- shortman gives the full position but is about 4-5 days behind. asx.com etc is the shorts for the previous days trading. and it is in alpha order. Do not forget to look at the list headings.
Looking at the volumes and the SOI I do not think shorting has much effect. Negligible in my opinion. If the shorters had to cover quickly they could from the general market as there is little 'shorted' and the effect on the share price would be nominal
I believe - and my opinion- I stand to be corrected. There is something deeper -radically wrong with the management / marketing style/ slowness etc of the project. . I just cannot put my finger on it.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)