Equity markets existed long before Rene Rivkin was born. Short selling did not exist back then.
As I said, short selling is a more recent construct. It is not something innate to markets as isplicer argues. It is also not necessary for proper function of equity markets.
I believe short selling is open to abuse by deep pocketed investment houses.
Anyway, good luck to those that trade the daily price movements. I invest in FMG for its future earnings and growth of its future earnings.
hope it rally today, page-38
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Last
$22.10 |
Change
0.100(0.45%) |
Mkt cap ! $68.04B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9803 | $22.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.11 | 10620 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |