after market shennanigans and cancellations, page-2

  1. 5,925 Posts.
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    Botkiller,

    In the case of the zero trades it seems that the identity of the seller and that of the supposed buyer have been established as being the same.

    This immediately raises some questions, namely:

    1) why cannot the system automatically block these sort of trades as soon as they appear?

    2) why cannot the identity of the transgressors be made public at the end of the day?

    3) how many more trades like these ones are being made through an interposed identity? And,

    4) who else besides ASIC has the ability and the resources to investigate since ASIC seems no to be able to do so? - a question that, as you have already mentioned, unavoidably leads to the need for a royal commission and maybe a permanent one,that is, a permanent commissioner with all necessary powers and resources to do his job, which I am sure could easily be be established at the cost of a few extra cents per trade.

    Apart from this, who do you think it would be the most probably entity to make a full takeover offer?


 
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