Ann: Quarterly Report - March 2018, page-160

asb
As you line up amongst the many in the pissing competition that this forum becomes and opinion becomes fact and the ill-informed and the well-informed (albeit hard to find) all have strong loud opinions, it all quickly becomes background noise!

In amongst all of that though, you suggest short sellers provide equilibrium. Having watched and played in this space for many many years, my conclusion is that short selling coupled with algorithmic trading and 'nearness to the ASX computers' provides no benefit to the market whatsoever. It most certainly provides considerable benefit to those manipulative organisations that can muster those resources.

But for the inequity and injustice it brings to the market, I hope the Royal Commission enters this space, as the current thieves they are catching also play a big part in the share market!