That their exposure is such that they will short the position for any additional client exposure to protect themselves - banks are not what they used to be. Is it a warning that they are going to short their client's positions...The ASB Bank, a subsidiary of CBA, has recently done the same thing with Pike River Coal.
commsec caps nxs margin exposure, page-2
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15.0¢ |
Change
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Mkt cap ! $43.82M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 14.0¢ | $58.48K | 396.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5028 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 37881 | 1 |
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| NXS (ASX) Chart |