CCC continental coal limited

asic:update, page-4

  1. 2,515 Posts.
    "Greg Yanco says ASIC has increased the action it's taken over automated trades.

    GREG YANCO: It's not high frequency trading that we've drawn out in this report, it's more about badly written or poorly written algorithms that cause spikes in the market or may cause a cascading effect."

    Thanks for the post HUGE

    So the ASIC know that the A/T trading is causing cascading shareprices

    And after countless approaches from shareholders it A/T is still going on

    There are many companies on the ASX that are being affected by the cascading A/T

    Perhaps it is time that the management of these companies combined their legal might in a targeted approach to ASIC
 
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