here are some figures from the asx on
shorting from Feb 17
link below
total no. of shares sold 4,133,958
Reported Gross Short Sales (a) 501,305
Reported Gross Short Sales (%) of Turnover 12.12%
Daily Change in security price (%) 1.23%
Issued Capital (b 687,820,634
% of issued capital reported as short sold (a)/(b) .07
http://www.asx.com.au/data/shortsell.txt
and all we got yesterday was a nose bleed, it will be interesting to see the figures for friday when they are released,
is there a desperate attempt to try closing the Sep 7 -
Sep 8 2.5 cents gap ?
it appears everything including the kitchen sink has been thrown at this one .
any comments anyone ?
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