It's interesting that reported shorts were reduced by around 780k between 21 June and 28 June, but the share price hasn't moved. Clearly we cannot rely on accuracy from ASIC's reporting because their own disclaimers say "No Responsibility is accepted for any inaccuracies contained in the matter published."
What else can we expect from the toothless tiger called ASIC that has just been the target of a damning Senate Committee Report.
Do we think there has been a reduction in outstanding shorts or merely a reduction in reported outstanding shorts? Is it possible that the figures for reported shorts were previously inflated in order to convince retail holders to sell? They wouldn't do that ........ would they??
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$2.33 |
Change
-0.040(1.69%) |
Mkt cap ! $440.1M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 7 | 27237 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 10000 | 1 |
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