I too only invest, not sell short. In fact, I don't think that short selliong should be permitted - if people want to profit from an expected decline in share price, they should use a derivatives market.
The reason I don't think that short selling should be permitted is that in share market investment - real investment not gambling - a measure of underlying share value is market cap (# of shares * share price) vs business profit and prospects. When someone short-sells, extra shares come into the market. The number of people 'owning' shares increases, and consequently the number willing to buy the real shares is reduced. ie, short-selling has the effect of manipulating the market in its own favour - it manipulates the market share price downwards.
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codan limited
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$20.03

I too only invest, not sell short. In fact, I don't think that...
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Last
$20.03 |
Change
-0.095(0.47%) |
Mkt cap ! $3.640B |
Open | High | Low | Value | Volume |
$20.17 | $20.21 | $19.98 | $1.603M | 79.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 130 | $20.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.03 | 242 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 99 | 20.020 |
8 | 186 | 20.010 |
9 | 498 | 20.000 |
12 | 910 | 19.990 |
5 | 676 | 19.980 |
Price($) | Vol. | No. |
---|---|---|
20.030 | 189 | 7 |
20.040 | 243 | 4 |
20.050 | 374 | 5 |
20.060 | 641 | 4 |
20.070 | 786 | 6 |
Last trade - 11.59am 25/06/2025 (20 minute delay) ? |
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CDA (ASX) Chart |