asx issued with bot speeding ticket (bst).

Dear Sir/Madam,

On wednesday the 27/1/2010 I noticed that an algorithmic trading bot, was, between 5.19 pm and 6.10 pm responsible for bringing the shareprice of CUE ENERGY LTD-ASX;CUE down from .205 cents to .20 cents.IE,Trying to suppress CUES shareprice.This was done by the "bot" selling down small parcels of shares at 2 minute intervals.

In light of this price change, and restriction to "fair" trading, please respond to each of the following questions;

1. Is the ASX aware of any information that could explain the ASX's inability or negligence in permitting the use of artificial algorithmic trading bots, to deliberately manipulate the stock price of CUE on the listed day?

2. Is the ASX able to identify the company who issued and used the algorithmic trading bot on CUE responsible for artificially manipulating the stock price on the listed day?

3. Did the company responsible for the algorithmic trading that artifically suppressed the stock price pay full "retail" brokerage for each trade?

4. Is it true that the ASX are charging only 51 cents for each trade conducted by algorithmic trading bots and software?

5. Was the ASX aware that the algorithmic trading bot had been introduced to the network and was targeting in a virus like fashion, the CUE stock price?

6. If the ASX was not aware of this behaviour, does it consider that to be a breach of the fair trading act (1987), specifically, section II of the act, item 11 (2) (d), "whether....any unfair tactics were used against the consumer...by the person acting on behalf of the supplier", and section 12, (1) (g) "...makes a false or misleading representation concerning the price of goods or services".

7. I contend that artificial stock price manipulation via algorithmic trading software (bots) is price coercion, and as such under the act, contravenes item 23 of the act. Does the ASX condone price coercion?

8. If the answer to question 1 is "Yes", can an announcement be made immediately? If not, why not, and when is it expected that an announcement will be made?

9. Is there any other information that the ASX may have, to explain the permitted inappropriate use of artificial algorithmic trading bots in the manipulated suppression of CUE stocks on the listed day?

10. Please confirm that the ASX is in compliance with all legal statutes in relation to fair and reasonable stock market trading.