I think there's a difference between a short sale AND a short position. So there might be 200m shares on Shortman but maybe only 10m actually sold.The other 190m are a short position i.e. shares held by the 'short seller'. This scenario would explain how the price can be so readily manipulated-and without a need to buy back 200m shares. In other words Gina might have a bank of 200m shares which Gina can use to drop back the price whenever she feels necessary. See ASIC Guide 196. Thanks to KMuirhead. Hey I might be wrong and would like others to check this out. But it certainly would help to explain things. And it would certainly explain the SPrice control we all feel is there.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)