Not a good idea generally. Shorters can borrow from any insto on the register. Anyways nothing u can do about the S&P adding you to their index.
Consider this - going into an index and associated ETFs = say 20m shares to buy
If shorters borrow it all = 20m shares to sell
Nets off
Lots of funds cant buy stuff outside ASX300s, so anything ex300s is completely ignored.
Once you're inside the 200s there's a lot more broker coverage, liquidity gets a lot better and people have a better idea of what the things worth.
Markets get more efficient at the big end of town. Can someone run a short and distort campaign on BHP? Or a pump and dump on ANZ?
Too much liquidity and nobody can bully the stock around anymore.
Not a good idea generally. Shorters can borrow from any insto on...
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Last
1.9¢ |
Change
0.001(2.78%) |
Mkt cap ! $59.09M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 2.0¢ | 1.8¢ | $46.07K | 2.484M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 3458780 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1396216 | 12 |
View Market Depth
| Last trade - 15.40pm 08/05/2024 (20 minute delay) ? |
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Last
1.9¢ |
Change
0.001 ( 2.78 %) |
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| Open | High | Low | Volume | ||
| 1.8¢ | 2.0¢ | 1.8¢ | 5185765 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| ADN (ASX) Chart |