shareholder research-new instalment, page-18

Helmel,

I looked 3.12.19 to try to see what people might not like.

1. The writer makes out XT trades as something sinister. An Xt is simply a trade where the Buyer client and Seller client are clients of the same broker. Check each XT trade in 3.12.19. There is nothing sinister in that at all.

2. The blog writer tries to make a point that Comm is being real sneaky by being on both the buy side and the sell side in the auction. The reality is that Comm is not doing anything. Its individual clients of the broker that are placing the buys and others are placing the sells.

3.Lots of clients use Comm to trade and therefore its no surprise that they appear in auctions as both buyers and sellers.

I cant see anything odd at all about the data in 3.12.19.

No pollies will see anything odd and nor will a regulator. There is nothing to see.

Please point to the bits that are so horrible in 3.12.19.