Equity markets existed long before Rene Rivkin was born. Short selling did not exist back then.
As I said, short selling is a more recent construct. It is not something innate to markets as isplicer argues. It is also not necessary for proper function of equity markets.
I believe short selling is open to abuse by deep pocketed investment houses.
Anyway, good luck to those that trade the daily price movements. I invest in FMG for its future earnings and growth of its future earnings.
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Last
$16.74 |
Change
-0.040(0.24%) |
Mkt cap ! $51.57B | |||
| Open | High | Low | Value | Volume |
| $16.61 | $16.80 | $16.51 | $56.21M | 3.380M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 26798 | $16.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.75 | 8423 | 34 |
View Market Depth
| Last trade - 12.26pm 16/07/2025 (20 minute delay) ? |
| FMG (ASX) Chart |