Hi fellow investors,
I’m relatively new here and have been reading with great interest the large number of us who feel that CHN is being “Shorted” or more importantly, the share price seems appears to be manipulated by very large institutions.
I see that Many posters are hoping to have the media involved in the new year and I for one hope that something good can come from that.
Having said all that, I did some initial research on whether or not “Shorting” is allowed on the ASX and the short answer, (PUN intended), is yes, for certain Companies and CHN seems to be one of them.
Here is the page that may help us all to understand why this is allowed on the ASX
https://www.marketindex.com.au/short-selling
Looking forward to your thoughts.
I am an active Holder and believer in CHN
Shorting CHN and Others
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Last
94.5¢ |
Change
-0.040(4.06%) |
Mkt cap ! $367.6M | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | $1.01 | 93.8¢ | $1.939M | 2.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 60277 | 94.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 1053 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| CHN (ASX) Chart |