SP1 0.00% $1.07 southern cross payments ltd

ISX off-topic thread, page-2278

  1. 159 Posts.
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    Thanks. Submission done.

    I acknowledge "proxy advisers" and stockbrokers should be allowed to prepare reports for clients and these reports kept confidential...however...

    1) ASX should not be allowed to suspend a company, on the basis of information in a report, UNLESS the report is published on MAP.
    2) Media agencies should not be permitted to publish news stories using the contents of a report released to "select" parties only - because isn't this akin to insider trading?

    Without these measures how can we ensure market transparency and furthermore be encouraged that mischief and price manipulation is not a primary or secondary objective of whoever paid for the report? Otherwise why bother "leaking" and back grounding the media?
 
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