GXY 0.00% $5.28 galaxy resources limited

Ann: 2018 Half Year Financial Report, page-140

  1. 4,845 Posts.
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    Hi @steelfabric,

    I don't think you are reading it correctly. But it is mighty confusing... funny that.

    The shortman website says this about there chart figures:

    "Recent short sales data is sourced from ASX, and represents reported short positions."
    https://www.shortman.com.au/credits

    If you look at the document you linked in your previous post it describes "reported short positions" as:

    "What is a short position?
    RG 196.115 A short position arises where the quantity of the product that a person has, when acting in a particular capacity, is less than the quantity of the product that the person has an obligation to deliver, when acting in the same capacity: reg 7.9.99. For example, if a seller, acting in a particular capacity, has an obligation to deliver 5000 units in a particular section 1020B product and, acting in the same capacity, has only 2000 units in that section 1020B product, the seller’s short position is 3000 units."


    The document also states that a short position needs to be reported, just as a short sale needs to be reported.

    The confusion lies in the fact that the short sale transactions are also reported. But that isn't what the shortman.com.au charts show us.

    "Short sale transaction reporting
    RG 196.11 Short sale transaction reporting is the reporting of daily volumes of section 1020B products that are short sold in the market."


    "Short position reporting
    RG 196.15 A short position in relation to a section 1020B product is where the quantity of the product that a person has, when acting in a particular capacity, is less than the quantity of product that the person has an obligation to deliver, when acting in the same capacity: reg 7.9.99(2). When a person makes a covered short sale, the person may be required to report their short positions to ASIC: see RG 196.121–RG 196.132."
    Last edited by Subs: 31/08/18
 
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