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In today's episode of f#ck around and find out what ASIC will do...

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    In today's episode of f#ck around and find out what ASIC will do to your broking licence......
    We have the curious case of the buy/sell depth looking like this half way through the auction:
    https://hotcopper.com.au/data/attachments/6020/6020213-37e6f2bbcae58086e8bf58400f99bfd9.jpg
    But by the time we get to 4.10pm, the 193 share buy bid somehow moves and gets sold shares at 35.5, dropping the price 4%.
    https://hotcopper.com.au/data/attachments/6020/6020220-dd868ed1374cf7e16a6229c71bc6422e.jpg
    Keep in mind that there has been no change in the bid at 35 cents, nor the sale offer at 37 in terms of what's available.
    https://hotcopper.com.au/data/attachments/6020/6020236-e20e0acc51af644f5ea8579b1fceafac.jpg
    So the question becomes who just sold to themselves to do what they wanted to the price.
    Shonk city this joint!! Feels like the broker works for Saul Goodman from Breaking Bad.
    Chair and MD let it continue to happen too.
 
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