FXR 0.00% 0.2¢ fox resources limited

After reading this on Yahoo, it occurred to me that this may...

  1. 3,606 Posts.

    After reading this on Yahoo, it occurred to me that this may work in favour for Fox:

    Just a snippet below to see the full go to:
    http://au.biz.yahoo.com/080205/30/1lfyu.html



    Govt looking at changes to share lending

    Thursday March 6, 2008, 6:57 pm


    The federal government is looking at amending corporations law to address issues surrounding share lending and short selling, Treasurer Wayne Swan says.

    On Thursday, investors were put on notice by the Australian Stock Exchange (ASX: ASX.ax) and Australian Securities and Investments Commission (ASIC) about their share lending and short selling obligations.

    Short selling involves the borrowing of shares and selling for a profit before buying the stock back at a lower price and returning them to the broker.

    The technique is used by investors who try to profit from the falling price of a stock.



    Lets hope the shorters pizz off, and start to play it straight, these are turning into tough times, people losing their houses, getting rents jacked through the sky and now some cannot Eat.


 
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