Sorry a bit confused. I thought CFD's have nothing to do with actual stock, as there are no limits on the amount of CFD's a company can write, as long as they have enough capital to cover the contract.
ie. The ASX acts as the casino House who will accept your bet of $300 cash to buy a $10 000 contract on the price of a stock. If it goes up you make money. The contract can be written in reverse, where you have a short sell CFD, if it goes down you make money. No party in the contract has to have any actual stock to write a CFD.
Thats alot safer for the stock exchange than normal short selling of actual stock because the losses are limited to the 2 parties in the contract.
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Last
$71.14 |
Change
0.800(1.14%) |
Mkt cap ! $13.77B | |||
| Open | High | Low | Value | Volume |
| $70.35 | $71.15 | $70.35 | $7.599M | 107.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 88 | $71.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $71.16 | 54 | 7 |
View Market Depth
| Last trade - 14.25pm 23/07/2025 (20 minute delay) ? |
| ASX (ASX) Chart |