Put simply, short selling is predicting or forcasting that the price of a share will go down
"You borrow 100 shares and sell them for $5,000. The price suddenly declines to $25 a share, at which point you purchase 100 shares to replace those you borrowed, netting $2,500. Short selling may sound straightforward, but this kind of speculative trading involves considerable risk."
In my view the practice of shorting can be a good thing or a bad thing for investors. If a share you believe in is shorted, an opportunity to top up is created.
Personally...I love it when shorters get burnt
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Put simply, short selling is predicting or forcasting that the...
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Last
7.1¢ |
Change
-0.001(1.39%) |
Mkt cap ! $48.98M |
Open | High | Low | Value | Volume |
7.1¢ | 7.2¢ | 7.0¢ | $10.20K | 143.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 236466 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 27825 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 236466 | 0.070 |
3 | 41456 | 0.069 |
3 | 87705 | 0.068 |
6 | 227175 | 0.067 |
7 | 214318 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 27825 | 1 |
0.072 | 10412 | 2 |
0.073 | 130000 | 1 |
0.076 | 19818 | 1 |
0.079 | 12188 | 1 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
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NMT (ASX) Chart |