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.
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FMG
fortescue ltd
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0.43%
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$16.33

they have loaned that many according to the announcement, but we...
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Last
$16.33 |
Change
0.070(0.43%) |
Mkt cap ! $50.27B |
Open | High | Low | Value | Volume |
$16.28 | $16.37 | $16.20 | $91.44M | 5.627M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100 | $16.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.33 | 450 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100 | 16.320 |
1 | 400 | 16.310 |
1 | 300 | 16.300 |
1 | 300 | 16.290 |
2 | 6200 | 16.280 |
Price($) | Vol. | No. |
---|---|---|
16.330 | 450 | 1 |
16.340 | 9971 | 12 |
16.350 | 31323 | 11 |
16.360 | 6870 | 7 |
16.370 | 2695 | 5 |
Last trade - 16.13pm 04/07/2025 (20 minute delay) ? |
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