Ann: Revised App 3B, page-57

Bhan.
As stated it’s not a fair playing field the ASX. Traders sell small amounts down to control the stock and prices.
They would like retail investors to get nervous and sell. Many have stop losses in place but retail are more sentiment based sales. We retail buyers don’t have to answer to shareholders or boards.
Basically most only have to answer to wife’s which could be worse in some cases. But anyway very few shares traded down drags it down. If you believe you have made the best decision for your investment personally then ride it out.
It would be different if you saw a massive dump of say 50% of the share register or directors selling out then it might be panic sales. Recently a few shares have crossed hands at 0.0015 and 0.001 but these have been minimal amounts.
On CXA it’s already back at 0.002 but not ASX so it’s showing 0.001 on CommSec but last sale was 0.002 CXA.
Traders sell it down on the hope retailer will run scared and off load fearing further falls.