As you say its so blatant. If we can see it then how does ASIC with the resources miss it. Likely they are corrupt and look other way. Go for smaller fish instead of cracking down on instos, how much paid under table to management i wonder.
Correct no retail could do that. Not unless coordinated short squeeze like saw on GME, even then hard to attack instos. Though too many people with head in sand and if did organise something, ASIC would start to all of a sudden take notice and do their job. like how brokers did in US would pull a speeding ticket and trading halted. Did that with a2 when there was rumour and price shot up, that stock has been ruined by insto manipulation. As soon as rocketed instant halt. Again whenever see retail protected from this kind of nonsense that happened other day., Never.
Glad to see that not everyone here wishes to remain ignorant. I just keep calling it out as it is. Shame cant do more and ruin the instos. A 3rd party screener on stocks to go after the liked of fraudulent management in small caps and have full power to go after instos would be great.
IAG Price at posting:
$7.81 Sentiment: Buy Disclosure: Held
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