Not one to sit on the sidelines and wait for an outcome, after months of watching FAR's SP be manipulated by unknown sources I have sent off a complaint to ASIC outlining my concerns . I have asked them to investigate the ASX Ltd for turning a blind eye to the trading patterns of FAR during 2016 stating I am concerned about possible predatory practices with the potential to cause loss of millions of dollars to mum and dad investors. I have referenced the article by Bridget Carter "The Australian" and the "Mysterious shorters".
Not sure if it will achieve anything but as the old saying goes "The squeaky wheel gets the most oil".
If any other posters care to raise their concerns here's is the link. Only takes a few minutes to fill out and submit. I also know HC have a lot of readers who hold FAR but don't post so this may also be of interest to them.
https://www.edge.asic.gov.au/008/co...ails/t=8f7bb87a8dcfa9d04eb3c49381e49bd1e7302b
Cheers
Plugged
ASIC
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Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 50.0¢ | $45.91K | 88.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5993 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 5982 | 1 |
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| Last trade - 15.08pm 28/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |