Equity markets existed long before Rene Rivkin was born. Short selling did not exist back then.
As I said, short selling is a more recent construct. It is not something innate to markets as isplicer argues. It is also not necessary for proper function of equity markets.
I believe short selling is open to abuse by deep pocketed investment houses.
Anyway, good luck to those that trade the daily price movements. I invest in FMG for its future earnings and growth of its future earnings.
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FMG
fortescue ltd
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1.76%
!
$17.30

hope it rally today, page-38
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Last
$17.30 |
Change
0.300(1.76%) |
Mkt cap ! $53.48B |
Open | High | Low | Value | Volume |
$17.08 | $17.40 | $16.94 | $90.29M | 5.258M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 3994 | $17.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.30 | 8408 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 2281 | 17.280 |
37 | 11949 | 17.270 |
19 | 8040 | 17.260 |
18 | 12554 | 17.250 |
10 | 8849 | 17.240 |
Price($) | Vol. | No. |
---|---|---|
17.290 | 20509 | 43 |
17.300 | 10101 | 20 |
17.310 | 8483 | 15 |
17.320 | 8523 | 11 |
17.330 | 13997 | 8 |
Last trade - 15.30pm 21/07/2025 (20 minute delay) ? |
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FMG (ASX) Chart |