Now Henderson ( HGI ), in common with several other companies...

Now Henderson ( HGI ), in common with several other companies such as Singtel, doesn't have shares in Australia. They have "Chess Depositary Interests" or CDI's.

What does this mean ?

It means an ASX front company owns the shares , which are listed on the London Stock market, not you. You own some kind of receipt saying you are the beneficial owner.

Now the curious thing is, there is NOTHING to stop ASX lending out the ACTUAL shares it holds, to short-sellers. Same as a super fund could.

Could explain the very odd performance of HGI recently.