Shorting is not illegal, its the way the short selling is often conducted that's illegal. There's so many examples I could provide, its not funny.
I'm aware of the Hindenburg report on Adani, but cant really comment as I haven't been following. Though, Hindenburg have put forward some serious allegations.
Note that Hindenburg have put out short reports on 2 lithium projects over the past 18 months or so, both DLE hopefuls. Wrt PLS, as each quarter passes, it will become harder to make a gain from shorting the company, but I reckon they'll still try.
Good News & Bad News, page-23169
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Last
$3.06 |
Change
0.040(1.32%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.12 | $3.02 | $47.88M | 15.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 321604 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 269930 | 12 |
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| PLS (ASX) Chart |