they have loaned that many according to the announcement, but we still dont know just how many have been shorted. one could guess its a lot more than has been quoted on the asx web site?
the true owners of the stock have asked for the stock back, which means that any shorts have to cover and return the stock to its real owners. This in theory puts upwards buying pressure on the stock and hence the initial bounce. if the asx has allowed that many shares to slip under the radar, then its nothing short of a total uninformed market.
more proof the asx is at fault..., page-3
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |