IMU 2.90% 6.7¢ imugene limited

Can someone please explain what are the rationale of allowing...

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    Can someone please explain what are the rationale of allowing shorting and naked shorts in the stockmarket in the first place? Is its original purpose being abused without some regulatory corrective measures?
    Seems it us being exploited by Masters of the universe doing their stockmarket wizardry in financial shananigans. Sigh...
 
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