Hey Pete better to keep ADO discussion rather than getting personal. As MODS don't have the time to review the copious posts that would lead most other contributors to draw the same conclusion and reference.
For those that are interested here is an extract from ASIC on Shorts: Sellers and brokers who make a short sale on a licensed market may be required to comply with the short sale transaction reporting requirements. If a seller engages a broker to make a covered short sale on its behalf, the seller must report the particulars of the sale to the broker: s1020AB(3). A broker must not make a short sale on a licensed market on behalf of a seller unless, before making the sale, the broker has asked the seller whether the requested sale is a short sale and has recorded in writing the seller's answer: s1020AE.
Full article can be sourced here: http://www.asic.gov.au/asic/asic.nsf/byheadline/Requirements+for+disclosure+and+reporting+of+short+sales?openDocument
Then again there are always those that don't operate within the same rules or reality plane as the majority.
ADO Price at posting:
9.3¢ Sentiment: Hold Disclosure: Held
