CTT 0.35% $1.43 cettire limited

Ann: Cettire Confirms China Launch, Provides FY24 Update, page-128

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    https://hotcopper.com.au/data/attachments/6272/6272158-5d26afa531b374ff7c85ccf59939ce4a.jpgWhatever happened to a fair, orderly and transparent market per s 791A of the corps act? 1719, 1722, 1166 anyone? The left hand to right is so blatant the perpetrators must almost think they aren’t breaking the law. Look at the quarter cent increments a few select brokers are able to place. ASIC dismissed this as immaterial however it becomes very material as a tool to suppress the SP by jumping other buyers in the queue but only losing a quarter of a cent for the privilege. Most investors have no idea about Dark Pools, thinking the lit market depth is the only view of the weight of buyers to sellers. If the lit market has more buyers than sellers by two to one, the Dark Market could be five to one the other way (more sellers than buyers). ASIC doesn’t think retail shareholders are not disadvantaged. Quick question, with circa 85% of trades on the ASX done via algorithmic trading, who is reviewing the algorithms?My recollection is that the ASX is supposed to do this but clearly they aren’t.

 
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