Can anyone explain to me being that our share market is controlled by shorters [ it goes down nearly every day] how the companies that they borrow shares from are not going broke .SGH , Dick Smith, Caj & many many others over the last 4 months all being slaughtered by shorters. Has to be paid back after shorters have made a fortune then pay back at a fraction what they borrowed for to these institutes . I really don't understand this process .There has to 2 losers involved super company & shareholders . Can anyone enlighten me???
Financial Year Results, page-12
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Last
30.3¢ |
Change
0.003(0.83%) |
Mkt cap ! $322.4M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.3¢ | 30.0¢ | $100.4K | 334.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 345401 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 286885 | 7 |
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| Last trade - 13.52pm 09/07/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |