ok further from ASIC's website on the ban of short selling during the GFC:
"ASIC introduced the ban on short selling and a reporting system to maintain an orderly market and mitigate the risk of market abuse. ASIC’s actions were also intended to enhance confidence and integrity in the market by providing greater transparency, and to avoid potential extreme share price movements in the local market."
"....we identified a significant risk that excessive, speculative short selling could have unwarranted, negative consequences for Australia’s markets and economy more broadly"
In my opinion that is exactly what is happening to BRU, excessive speculative short selling which have adverse effects on the BuruEnergy company
then the report goes on
"The short selling disclosure regime will continue to provide detailed and timely information about short selling in the markets which will inform any future decisions about the need for a covered short selling ban in periods of market turmoil."
-those information are neither accurate nor timely
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- shorting.
ok further from ASIC's website on the ban of short selling...
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $67.13M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 10.0¢ | $19.28K | 192.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 43466 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 427380 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 48466 | 0.100 |
2 | 88148 | 0.099 |
5 | 61693 | 0.098 |
2 | 60309 | 0.097 |
2 | 130000 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 427380 | 5 |
0.110 | 209000 | 3 |
0.115 | 233184 | 5 |
0.120 | 522797 | 6 |
0.125 | 161000 | 2 |
Last trade - 11.16am 29/04/2024 (20 minute delay) ? |
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Last
10.0¢ |
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Change
-0.005 ( 4.76 %) |
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Open | High | Low | Volume | ||
10.0¢ | 10.0¢ | 10.0¢ | 77372 | ||
Last updated 10.42am 29/04/2024 ? |
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