It wasn't possible to increase the shorts on BRN before we were included in the ASX300.
The increase in shorts, is directly proportional to the increase in institutional investment, as it's the instos lending them out.
They are happy to lend them, as they get a small immediate reward from lending and if the shorters are effective in lowering the price, they can accumulate more, at whatever their accumulation levels are.
Shorting is a bit like a margin loan or gearing, in that it is even more towards the "gambling" mindset of the stock market.
The rewards are greater, but so are the risks of getting burnt beyond recognition..
Hope they have good dental records
Definitely my opinions only..
Chart, page-10104
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Last
27.0¢ |
Change
0.005(1.89%) |
Mkt cap ! $501.1M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.8¢ | 26.3¢ | $2.219M | 8.205M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 240631 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 954801 | 13 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
27.0¢ |
Change
0.005 ( 2.20 %) |
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| Open | High | Low | Volume | ||
| 27.0¢ | 27.8¢ | 26.0¢ | 5382161 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| BRN (ASX) Chart |