right on, gbg has been subjects of huge ammounts of x crossing in dark pool trades, short selling and algo trades
behind closed doors away from the open lit asx market these traders can do anything they like doing trades amongst them selves to drive the price down.
the constant churning at no virtual cost to themselves apart from a small ammount of brokerage cost, the net effect would be to slowly drive prices down.
what really gets up my nose is that asic says there is nothing wrong with all this.
GBG Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
