It doesn’t take too much common sense to understand the mechanics.
You buy a position wanting the company to go down in price, which is basically wishing it to fail for your profit.
Unethical with regards to supporting the success of Australian companies.
If you want to short , piss off and go buy a company worth above $20 a share and leave lower MCs alone you penny pinching pip traders.
It’s frightening traders and creating panic for nothing.
Legislation Against Shorting Australian Companies Under $20 Per Share, page-10
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Last
$2.66 |
Change
-0.090(3.27%) |
Mkt cap ! $3.472B | |||
| Open | High | Low | Value | Volume |
| $2.71 | $2.75 | $2.65 | $31.65M | 11.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 253841 | $2.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 18396 | 3 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |