ASIC can and does send naughty boy/girl letters for "vindictive trading" but a $6 trade is more likely a broker or technical trader and they are teflon coated with regards to enforcement. Big brother is watching but pretty sure is helped by reports from investors if it gets silly. Of course ASIC will go after the easy mark that's retail and let the big boys have open slather.
BLG Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held
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