TEN 0.00% 16.0¢ ten network holdings limited

i am perplexed why this stock is falling, page-13

  1. 64 Posts.
    Shorters don't exist in this stock in any meaningful way. It was the index funds selling out when the rebalancing of the ASX 100 index was announced plus Japan + Libya.

    TEN as a result of 42% of stock not tradable meant it got booted out of the ASX 100 index constituent stocks

    To short this stock in a meaningful way you would need to borrow the stock and 42% is not lending.

    Hence its not a very good stock to consider shorting.

 
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