Seriously ASIC need to look at this!, page-79

  1. 214 Posts.
    I just checked with the PB and it seems there is virtually no borrow available on 1PG.

    It is very unusual for a $400m company with some institutional ownership to not have borrow available. This usually suggests that the shareholders have instructed the PB not to lend out the stock. Given the short interest is only 1.6% this could appear consistent.

    So, if you want to complain about manipulation, it is likely going the other way with holders not letting the stock to get borrowed.

    If borrow was freely available I bet the short interest would be a lot higher and the price would be a lot lower.
 
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