ARU 2.94% 17.5¢ arafura rare earths ltd

Short Sales - Here is the latest look through, page-266

  1. 2,640 Posts.
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    If I sold 3M shares today, and there was 7M shares sold in total, ANZ would close my account. This is not, but should be applicable to all, retail investors and institutional investors alike.

    Try it.

    If I was then reported to ASIC, ASIC could then take me for ‘market manipulation’. The law is clear on these points. Particularly if we see in the end it’s to take a position in the company or like. Be cautious in who and what you are defending.

    Could I ask, if you work for a hedge fund, or had any experience in this space?

    Jula, report to ASIC under ‘market manipulation’. The ASX, often refer you to ASIC, but worth letting them know, it’s not orderly. I have the numbers, so if they require more from you. Please reach out to me.

    They are also breaking rules under shorting. Shorting is not a free for all, making markets a dogs breakfast. They are simply there to provide liquidity, in line with fair market order.
    Last edited by Birchcorp: 19/10/23
 
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