The following is a copy of an email that I have forwarded to the Treasurer concening the activities of CuDeco and the effects HFT is having on CuDeco and other companies in the ASX:
"Hon. J. Hockey, MP. Treasurer.
Dear Hon. Joe Hockey, MP,
Further to my email to you on the 9th November, 2013, concerning the trading of CuDeco(CDU) Limited Securities, the following is a copy of an email I have forwarded to Senator John Williams, Senator for New South Wales for his information in relation to the Senate Inquiry into the Australian Securities and Investments Commission.:
----- Original Message ----- From: maxw To: [email protected] Sent: Monday, April 21, 2014 3:54 PM Subject: HFT Documentary
"Senator John Williams, National Senator for New South Wales. The National Party Whip in the Senate.
Dear Senator John Williams,
Further to my email of the 9th November, 2011, concerning the trading of CuDeco(CDU) Limited Securities, I wish to advise you that a CuDeco shareholder has given me this you tube insider message on High Frequency Trading.
The link is
http://www.youtube.com/watch?v=GEAGdwHXfLQ
It is a must watch to assist you with your Senate Inquiry into the Australian Securities and Investments Commission.
It really gives you an insight into what is going on in the Financial world. The Securities and Exchange Commission in the USA is currently coming to grips with this type of trading and its consequences on the Markets.
Yours sincerely"
It is considerered that a Parliamentary Inquiry is needed into CuCeco(CDU) Limited Securities to investigate the type of illegal practices that Company and others have experienced in recent years with trading on the ASX.
Yours sincerely,
Maxw"
Referred for the information of CDU shareholders concerned.
cheers,
Max.
CDU Price at posting:
$1.89 Sentiment: Buy Disclosure: Held
