Many thanks baldy... that makes sense and allows men to understand what Tutor meant by "enhance returns".
I checked on ASIC and found the complete list of shorted co.s (up to 16/12)... it looks like just about every co on the ASX is being shorted to some extent. Most it doesn't seem to damage while PNV is only shorted around 3% but seems to force the price down down down for days on end - I suppose they're "covering" over several days rather than returning at the end of the day. Incredibly frustrating.
But many thanks mate... better understanding than staying ignorant. I have managed to get onto a few sites now that help me to understand but still my head is a bit thick and this field is so foreign to me that I struggle.
Cheers and best wishes for your xmas, friends and family. Scott
SDA Price at posting:
74.5¢ Sentiment: None Disclosure: Held
