If everyone placed an "out-of-reach" sell order, or instructs their broker preventing their shares being lent out, there wouldn't be a problem. Alas, the shorters will have to buy back at a much higher price!
Anyways, we will see how it pans out, but I doubt ASX/ASIC will do anything about it. It was only during the depth of the GFC that they prevented shorting, but now that the markets have stabalised somewhat...
Personally I don't think shorting has had such a big impact on VIL. It's simply the wait that had people scrambling to greener pastures. Rest assured, they will be back when they think the infrastructure is nearly complete.
VIL Price at posting:
3.7¢ Sentiment: LT Buy Disclosure: Not Held
