Jalzz,
That 1,462,120 is total MPO shares sold on that day not the gross short sell which was 82,926.
The average gross short sells over the last 3 or 4 days has been around 100,000 a day
The net out standing short sells is increasing but is still only about 230,000 as of the 12/10/10
http://www.asic.gov.au/asic/asic.nsf/byheadline/Short+position+reports+table?openDocument