I decided to take my profits and not trade AIO any more. If I see a "u" order anywhere - I'll look at other stocks.
I think the ASX has rocks in their heads if they expect small investors and traders to be disadvantaged in this way, and still have confidence in the market. Why can't we all have the option of not disclosing our orders. The market would be a sea of u, other than orders placed to try to push the markets in one direction or another.
I also think that the SP would fall faster (suits me) without undisclosed buy orders of an uncertain magnitude. These could be a big order preceding a takeover for all we know.
I'm sure they woudl not be undisclosed if it did not give the buyer or broker an advantage.
Seeya!
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