seller, page-21

Prestonian,

With all due respect there is market manipulation going on every single day in hundreds of stocks.
You have managed to find one article about one particular situation.

I would hardly suggest that this is proof that ASIC "do investigate this stuff" as you put it..

I am have been watching the screen daily for the past 20 years.
Market manipulation for fake buy orders and sell orders happens as regular as the sun rises every day.

Once upon a time as brokers you could tell who was the buyer and who was the seller.
You could tell if the broker that wanted to sell was loading up the screen with buy orders to make it easier to dispose of his stock.

It was ASIC that decided to take that information from the screens.
Now brokers see what you see. Basically nothing except the amount of stock placed on the buy side and on the sell side.

You know the reasons given by ASIC to stop this practice.
They wanted to make the market more TRANSPARENT.
That's the explanation they gave the broking houses.

I kid you not!!!