believe it or not

It has been said the gross illegal trading abuses , manipulations and short selling of a number of ASX stocks [including RFE]in recent times is being carried out by criminal money laundering operators

Why then haven't the Australian authorities stepped in to stop these practices [ it wasn't too hard for the regulators in the US to take action against what we now see happening in the Australian equities market]

It is high time we return to full broker disclosure on all Bid and Asks [ as the ASX allowed to be taken away some years ago when we all expected such action would open up abuses]

We also need a minimum transaction amount to curb the absolute abuses we see happening where 90-95% of offerings on both sides of the depth column are purely manipulative 1,2 or 3 diget entries

Also we need to see stopped the high speed computer operators adding or removing stock placed on order in the split second an order is placed against those orders on the ASX by genuine traders and investers

Unless we see some immediate action by the authorities to return the Australian equities market to a genuine transparent market, genuine investers and traders will leave the market altogether and it will be left to the spivs and manipulators to continue to trade to each other