I wouldn't have a problem with shorting if a rule were introduced that said for every share you short in a particular company you have to buy two back within a certain time period. This would do liquidity no harm, it would be a real test of one's convictions and would prevent what I think is happening in the case of Lynas, which is to push the price lower to enable certain funds the opportunity to purchase the shares at a much cheaper price than otherwise would be the case were shorting not allowed in the first place.
I wouldn't have a problem with shorting if a rule were...
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |