Congratulations to those who top up their share today. However, IMHO we should raise a collective voice to ASIC to to stop short selling of GXY shares.
I know it's legal for institutional investors to short selling shares. But how can ASIC let these people manipulate share market day after day in the name of a legitimate practice?
I have small number of Galaxy Resources shares and it breaks my heart to see GXY share price being manipulated for over a year and ASIC is not taking a single step.
Australia is not a third world country where a government body should let the big businesses perform unethical and illogical practices in the name of law to make common people lose their savings.