There is an excellent article in the SMH regarding a relatively new tactic that is becoming rampant in Australia ,....Short and Distort , which is costing investors huge amounts of money.
My view is that it is obvious that the ASX is either asleep at the wheel or doesn’t really care. It is has been obvious to many investors that Shorters have woken up to the fact that they can manipulate the price down by selling small numbers of shares at critical times and push the price down.
It is time that the ASX restricted shorting to major corporations and not small resource companies that are easy to manipulate.
- Forums
- ASX - By Stock
- CVN
- Short and Distort
Short and Distort
-
- There are more pages in this discussion • 138 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVN (ASX) to my watchlist
|
|||||
Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $277.3M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 15.3¢ | $134.5K | 865.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 504323 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 56285 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 504323 | 0.150 |
18 | 660405 | 0.145 |
1 | 330000 | 0.140 |
2 | 437000 | 0.135 |
4 | 506730 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 38772 | 2 |
0.160 | 1501329 | 13 |
0.165 | 353560 | 8 |
0.170 | 1282192 | 16 |
0.175 | 1422313 | 12 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |