CDU 0.00% 23.5¢ cudeco limited

cdu shorting activity, page-366

  1. 4,289 Posts.
    asf, interesting you should point out that AFR snippet:

    "An ASIC spokesman confirmed to Blue Sky that the market regulator has the power to exempt a company stock from being sold short if it is deemed to be in the interest of market integrity."

    Obviously contrary to what a number of our short supporting team had to say WM WAS well aware of his right to approach ASIC and request a ban be put on shorting CDU. I am sure he would be following up on his request as ASIC can see what >30%/day shorting has done to our SP…..pretty well halved again since he made his request.

    If ASIC remain in turn a blind eye mode and hope WM stops bothering them a bit like their handling of CBA , then
    perhaps the same very interested Senators who have demanded ASIC please explain their negligence to a senate hearing over their appalling handling of CBA's exposed dishonest conduct/cover ups ( as per Sydney Morning Herald article http://www.smh.com.au/business/profit-above-all-else-how-cba-lost-savings-and-hid-its-tracks-20130531-2nhde.html#ixzz2V09x72r2 ),
    also be asked to find out why they (ASIC) appear to continue to sit on their hands ( again imho) and not intervene when requested by CDU management.
 
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