A piece from an article on why australian shares are being shorted almost continuously....
"But the bottom line for Australia is that we are seen by the hedge funds as a way to make money out of China’s problems and the oil crisis. That means we will continue to be one of the more volatile markets in the world.
And that volatility will go on as long as our big superannuation funds continue to trash the asset value of their members’ holdings by lending scrip that they own on their behalf.
If Australia introduces proper disclosure laws, the super funds will have to reveal that they are acting against the interest of their members. This will reduce volatility in the sharemarket."
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Last
45.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.60M |
Open | High | Low | Value | Volume |
45.0¢ | 45.0¢ | 45.0¢ | $14 | 31 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8529 | 45.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 867 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8529 | 0.455 |
2 | 1818 | 0.450 |
1 | 12000 | 0.430 |
2 | 4002 | 0.420 |
1 | 4597 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 867 | 2 |
0.510 | 3371 | 2 |
0.515 | 3344 | 1 |
0.520 | 5845 | 2 |
0.530 | 27300 | 1 |
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