Here is the section from the article that is sickening.
"But just in the last week we've heard of instances where custodians have reportedly been lending out stock without telling the institutional holders, who in many cases had specifically refused to offer stock to be lent out.
Meanwhile, naked short sellers have got away with running undeclared naked short positions because they say it's the broker's duty to ask, and the brokers haven't been asking."
about time asic, page-6
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Last
$16.82 |
Change
-0.500(2.89%) |
Mkt cap ! $51.78B | |||
| Open | High | Low | Value | Volume |
| $17.11 | $17.23 | $16.81 | $252.2M | 14.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13676 | $16.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.83 | 350 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |