SRQ straits resources limited.

crossed sale , page-7

  1. 19,561 Posts.
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    And why has the likely public superannuation slush fund that 'bought' the shares not lodged a sub holder?

    23.88m 'purchased' is larger than the 22.8m 5% of issue.

    Something stinks here. IMO: Likely insider trading. Likely transfer of shares to another public fund so the huge losses can be borne by the public investors there. Failure to lodge becoming subs holder. Failure to report large +$100k short position to ASIC (what the hell, they cannot do anything to O/S banks because they operate outside Australian law). Market manipulation by HFT algo.

    Welcome the the new ASX casino everyone. No rules except for the Aussie retail investor muppets!
 
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