G’day TallyThats a great question
and yes getting rid of any shortening makes a stock less volatile,
limiting shortening to the asx 200 would stop volatility in the small caps to a point
having said that, companies still only have a certain value as perceived by the public at any particular time.
and there would still be manipulating and sell offs,
perception is at least 80% of the market,
people were crapping their strides in October, because the perception is crashes and corrections happen in October, now people are looking at a Santa clause rally, for late November/December will it happen - I don’t Know, but perceptions are.
My thoughts on shortening is that it is a destruction of wealth, which can make companies cheap victims, for takeovers, I’ve seen Some good Australian companies targeted, and our government authorities say nothing.
what I do know is that CXO are undervalued, and could easily be snapped up by foreign powers “IF” allowed by asic, we Ozzie’s keep selling our@rses for next to nothing, Tally, I do like your train of thought in limiting shortening to the top 200 will it happen - I don’t know
regards views
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Last
10.0¢ |
Change
0.005(5.26%) |
Mkt cap ! $213.6M |
Open | High | Low | Value | Volume |
9.8¢ | 10.5¢ | 9.8¢ | $1.361M | 13.63M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 91988 | 9.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 118227 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 91988 | 0.099 |
9 | 654591 | 0.098 |
6 | 559737 | 0.097 |
11 | 1222781 | 0.096 |
22 | 1254326 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 118227 | 1 |
0.105 | 7152048 | 81 |
0.110 | 2157839 | 57 |
0.115 | 1792863 | 30 |
0.120 | 1901062 | 25 |
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