Cheers Doc, Blackjack & Saracen10.
Bell Potter's MD Charlie Aitken calls the high-frequency traders brokers for shadowy overseas traders & the main cause of violent share price fluctuations. 16-17% plummet in the SAR SP in the past 2 days AFTER a positive quarterly (even with reduced cash on hand) can be classified as pretty violent. What other plausible reason could there be? POG is holding.
I guess the end result of all this will be an increase in off-market transactions - especially by the big end of town. ASX - get your act together.
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