BAL 0.04% $12.88 bellamy's australia limited

Accuracy with Shorting figures

  1. 870 Posts.
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    Hi prosperity and all BALers,

    I cannot, from my investigations,  fathom the accuracy in your statement:-  (post # 37571290  26-2-19  @13.12)

      "....We are approaching 11% of issued capital and rank close to top 10 on the ASX.
     (please excuse if I am wrong )

    How can you say -- --- 11% of issued capital shorted??????????????????????????????

    Below is the ASX's 'Short sales'  for 25-2-19. -check it out  

    www.asx.com.au/data/shortsell/txt


    As of yesterday 25-2-19  the ASX shortsold list :-
    Coy                                                                    Share                          Vol Shorted          Shares on Issue         % of Total Issue Shares
    BAL     BELLAMY'S AUSTRALIA LIMITED       FPO                  841,970         113,368,297         .74

    If my calculations are correct then today we would have to see 11,628,542 shorted on top of the 841,970 to equal 12,470,512 in total shorted. (11%)
    Hope somebody checks me out (been wrong before.)

    I think  you mean of the total shares traded  on a day (yesterday maybe !!!)  11% were that of   'shorters'. leaving 89% not shorted!!!! 

    prosperity    ------If I am wrong please correct me by showing your calculations, if not then ----your posts from now on will be disregarded.

    Keep safe all BALers.

    The Phantom GWW 
 
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