BNB babcock & brown limited

DBK???The ASX short sell list shows:BNB BABCOCK & BROWN LIMITED...

  1. 3,715 Posts.
    DBK

    ???

    The ASX short sell list shows:

    BNB BABCOCK & BROWN LIMITED FPO 3,646,059 33,330,022 1.09

    ie. 3.6M shares shorted from a possible 33M available from official shorting.

    However, most of the shorting would be done with a basis from share borrowings. 10% of the available BNB shares are available for shorting through official ASX means, but you have very limited rules for using that.

    The fact that only 10% of the available short stock is out (and this has risen in the last few days) should be a burning example that ASX short stock is not being used predominantly.

    Cheers
 
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