@pc9geek Investors like MrF are allowed to do whatever they like "outside" the market. Within the laws of course..
I doubt he is doing anything legally wrong. Would he not have a myriad of lawyers advising him and his team?
He's not the problem - It's the corporate and ASX laws that are the problem..
Your 100% correct - if everyone had to buy and sell on the ASX real time.. during trading hours.. like mere mortals (like us)...and that is all they could do.. whether it be in a proper RR issue (these aren't compulsory on the ASX...haven't you noticed?), or something like this, .. if would be a very different market and price action would much easier to follow and somehow I think small investors - the 99% of other sucker existing holders who have to take prior holding risk on market (and pay for that to get a piece of any action) ..would be the wealthier for it.
That's why we needed a RC into the ASX not the "banks"..
You have to understand there is one market for us and another for those with large amounts for capital
And that includes big super and the fundies..
Is not the "market" rigged against the small independent investor?
Haven't you realised that?
DYOR (on that)
Just MO/NA
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