GXY 0.00% $5.28 galaxy resources limited

Letter to Greens Senator Peter Whish-Wilson., page-53

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    Not that we should have to do things like this, but there are ways to offset these behaviors of these organisations:

    1. You can call your Super fund that offers you the trading platform and ask them straight out if they lend clients shares out for shorting;

    and if they do:

    2. List your shares for sale at a high price (i.e $6 * ) as I believe they then cannot lend these out once they are listed for sale.

    *The Superannuation trading platforms allow you to load your shares for sale at much higher prices than (say) Commsec will let you - just sayin'

    GLTAH
 
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