Hi Cutta,
Just read the article on short selling and found it quite interesting....
So basically we ordinary shareholders need to put sell orders in for say 12c and this would prevent shorters from borrowing them?
Could this have any negative impacts if market depth shows a significantly higher seller contingent?
"All you do is to phone your broker and put an order in saying that you wish to place your shares for sale at, for arguments sake, double today’s price. As they are 'on order' they cannot be lent out by your broker and in turn you are reducing the amount of 'free shares' out there that can be used for shorting purposes. And don't forget to move your limit order up when the price starts to recover, then, that way your shares can't be shorted - not much but helps.
Although an individual personal investor will not normally have enough shares to halt a concerted shorting attack, if a large number of holders did this it would reduce the overall amount of shares that they could get their hands on.
In my opinion well worth doing if not only for the knowledge that your own shares cannot and will not be used in a short attack against the very share that you own."
SYA - Chart, page-3175
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Last
2.6¢ |
Change
0.002(8.33%) |
Mkt cap ! $267.6M |
Open | High | Low | Value | Volume |
2.5¢ | 2.7¢ | 2.5¢ | $1.316M | 50.97M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 2045173 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 10890743 | 33 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1775281 | 0.026 |
27 | 7761514 | 0.025 |
28 | 7553048 | 0.024 |
26 | 5596869 | 0.023 |
22 | 5593873 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 5095592 | 17 |
0.028 | 4074103 | 13 |
0.029 | 3826602 | 18 |
0.030 | 8752601 | 29 |
0.031 | 6152299 | 11 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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