You initiated the term "crusade", I just followed suit.
ADN's BOD is very visible and accountable for their actions, as are any BOD's from ASX listed companies.
In contrast the short brigade operate under a veil of secrecy: their identity remains concealed as do their transactions on and off market.
If they have nothing to hide they should be noted on every trading platform and all short sales should be coded (SS), with buyers given the option of declining to purchase short sold shares. Plus selling on the uptick only, which would stop those large dumps into the buy side, just to scare the punters.
You can see from the AFR article I linked, large companies are concerned about the activities of short sellers. The original function was discarded long ago, and it's time we caught up to the USA in this regard.
Sure, my scenario is a far fetched fantasy, but it would be a welcome revenge on what has become a blight on stock markets globally.
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15 | 7016289 | 0.006 |
12 | 8468333 | 0.005 |
2 | 5000000 | 0.004 |
3 | 8000001 | 0.003 |
Price($) | Vol. | No. |
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0.009 | 29710213 | 23 |
0.010 | 23847978 | 14 |
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