STX 6.67% 21.0¢ strike energy limited

Ann: Becoming a substantial holder, page-73

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  1. 2,499 Posts.
    lightbulb Created with Sketch. 555
    Potentially, the same as they did on the way down I expect. Just cross-trade and manipulate the price to be anything they want. As damaging to long holders as it is, shorting isn't illegal. It's the huge volume of cross-trading that is causing the price distortion away from fair market value. Check the Course Of Sales on your Broker's website. That's where ASIC should be concentrating their investigative powers. It's no longer the Poseidon days or the era of the white shoe brigade up in Queensland. Surely we've moved on from that.
 
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