trendsetter think about ownership like this, I own something to entitle myself to the economic benefit/loss it generates.
Similar to the way longs "own" a share entitling him/her to the benefits of price rise, shorts also "own" a share entitling him/her to the benefits of price drop.
The popular perception is that you can only own something through buying, that is not entirely correct. Through shorting I am exposing myself to the economic benefits my action generates, I am "owning" it just in a different direction to the longs.
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FMG
fortescue ltd
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0.56%
!
$18.78

hope it rally today, page-24
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Last
$18.78 |
Change
-0.105(0.56%) |
Mkt cap ! $57.82B |
Open | High | Low | Value | Volume |
$18.73 | $18.86 | $18.64 | $64.86M | 3.459M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 3260 | $18.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.78 | 6699 | 37 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 11476 | 18.760 |
20 | 15093 | 18.750 |
17 | 23086 | 18.740 |
18 | 11873 | 18.730 |
13 | 13690 | 18.720 |
Price($) | Vol. | No. |
---|---|---|
18.780 | 8757 | 32 |
18.790 | 9777 | 17 |
18.800 | 9369 | 16 |
18.810 | 17093 | 14 |
18.820 | 10277 | 13 |
Last trade - 14.54pm 18/09/2025 (20 minute delay) ? |
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FMG (ASX) Chart |