So either:
1. A prospective accumulator, wanting to short to manipulate it down, to accumulate cheaper. Price rises in the medium term, and you gain the extra fee too.
2. A regular shorter, expecting it to fall. In which case, you'd be losing anyway - being wrong by being long, but lending the shares offsets a bit of your loss.
The shorting only brings forward some sell demand.
Your shares get sold today, driving down the SP today.
Your shares have to be bought back at a later date, adding some buying demand at that point, driving up the SP.
Ann: Successful launch of US Trading, page-15
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $28.07M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.3¢ | 12.0¢ | $17.13K | 142.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 42393 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 25783 | 3 |
View Market Depth
| Last trade - 13.23pm 01/07/2024 (20 minute delay) ? |
| SWF (ASX) Chart |