Step Down!, page-72

Over the past couple of months (maybe even years now) there has been a lot of discussion about whether the share price has been manipulated down for "someones" benefit. I typically ignore this kind of talk because you hear it on every stock all the time and people seem to always find a reason to explain why the share price going down is manipulation and not just the market.

More recently there have been discussions about whether or not there is a floor price to the DIA earn out. Hopefully we find out from GC via another poster whether or not there is a floor price on the earn out. However for discussion I am going to pose a hypothetical case where there is NOT a floor price in the earn out. If this were the case then the DIA owners stand to gain significant benefit from a decreased share price would they not?

Up until now it was always my belief that share price manipulation is illegal, not necessarily enforced, but illegal none the less. However I realised just now that I don't actually know that for sure that it is even illegal. Does anyone know if it is?

I know everyone says that the ASX/ASIC is a toothless tiger and I have seen no evidence so far that they are not. However if it comes to pass that there is no floor price and the DIA venders do gain substantially, I would have thought that this would be such an obvious case to investigate that even a toothless tiger could easily get enough meat by giving it a good old gumming.

None of this may matter if it turns out there is a floor price
If it turns out there is no floor price, this does not mean that manipulation has occurred, it is possible that the current share price is just the result of terrible management and numerous failures over many years. However surely it would be worth investigating..