gsa is an asset, page-14

gassed

first up big thank you for your contributions in this forum.
i have learned a lot from your generous input.

couldnt agree more with your sentiments on the obvious manipulation of the sp and i have been careful to time my entry with that in mind. (the market can stay irrational and manipulated for longer than i can stay solvent)

with increasing frequency my "at market" orders and also attempts to linewipe have been frontrun by the bots (and/or my broker?) and its been increasingly hard to get more.
only with persistence and by paying up have i managed to get my fill.

frontrunning orders is now part and parcel of the asx since they have embraced the bots.
bots, naked shorts, market makers, inside trades, late crossings and other tricks are all running rampant with impunity from the regulators to make this the worlds most uneven playing field and a minefield for the average retail investor. i assume many have been scared away for good.

anyway my point is that it seems to be more pronounced with ICN, and increasingly so of late in my experience. interested to hear other thoughts/experiences on that.

so i can smell the looming offer and i just hope that some majors realise whats going on here and we get competition for the prize.

knowing how beach works these situations, their snatch of ADE, etc puts them at the top of my list of interested parties. i just hope no one rolls over here but i'm sure all sorts of bones will be offered for that to happen. instinct has me favouring the idea that it wont and that we will have multiple suitors once the first bid is made. besides beach, other obvious contenders include santos and bg (i'll leave out my theories about the others for now)

if i was big and i wanted to swallow icn i would have been spending millions to supress the price. i'd have a huge undisclosed naked short position and i'd be downramping management on forums like this. i'd also proceed before we get QE3 and 'risk on'.

co-incidentally, plenty of action and pressure building in other basins (esp perth basin) also and i get the feeling that the 'musical chairs' starts very soon and will be over before one can say 'how did i not see that coming'.

so end game will be upon us soon i feel
anyhow congratulations in advance to all holders, especially long suffering LT holders.