Banter and general comments, page-34451

Unfortunately, I don't think that the CXO executive has any control over the SP, The ASX is now being manipulated by the big American Fund managers, Vanguard, Blackrock, & State Street which are effectively the same company. They are supported by the likes of JP Morgan and Goldman Sax who spread the required narrative to drive down or increase the sentiment of the shares in their control. If you look at almost every company in the ASX 100 and 200 you will see who the top 3 shareholders are, and the same names appear. They slip under the radar of foreign ownership by being three separate companies but on average have around 16-20% of the share portfolio. This is concerning as the ownership is in all sectors and therefore the influence is not public and can only be implied. But if our major Banks, Airlines, supermarket chains, media and mining companies are having up to 20+% of their share pool being controlled by this cartel then they can influence behind closed doors! Our regulators are implicit in this whole picture as they know this is happening and are powerless to stop it as its being done within the rules. As for the lithium market its being it's in its infancy and just like the pot ash market the cartel wants to take control so they can control the pricing and supply, and with 25 trillion USD in funds to play with they will get their way. So to those who think that the Management team at CXO can control this I think you are mistaken they are being played like all of us trying to invest in the ASX. (NOTE: This is my personal view only and is not in any format financial advice)