KRM 7.14% 4.5¢ kingsrose mining limited

Ann: Credit Suisse Provides US$15m Financing Faci, page-12

  1. 22,419 Posts.
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    re: Ann: Credit Suisse Provides US$15m Financ... Last week I bought more KRM shares and everytime I bought the bot came in and
    registered 1 to 20 share buys a half cent under my buying price within a second of my buy.

    This kind of high frequency trading will give the sharemarket a bad name among retail buyers. It seems absurd that the ASX rents the software to instos and that
    brokers then rent our shares without permission of the owner to the shorter.

    Any long term holders should give their broker written instructions not to rent your shares for the purpose of shorting. If your broker goes broke your shares
    could be at risk .


    Best regards
    Moorookamick
 
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