donthatBots programs are designed to manipulte the sp by showing...

donthat

Bots programs are designed to manipulte the sp by showing false buying support & false selling pressure with the ultimate intention to make profits ie. selling down by dumping shares and thereafter, accumulating shares back and buying it upwards for another dumping - something ASX/ASIC seem to have a blind eye on it to protect their revenue stream !

Agree that ASX should be sacked for such a bias treatment for funds managers as if these are conducted by an individual party/ies it is deemed as market manipulations and they can be prosecuted - there was a case a few years back (in Melb) whereby two guys were prosecuted for conducting false buying support & selling pressure to misled the market !

Seeing bots trading daily is very frustrating (this is very obvious as the selling & selling nos. of shares are of the same quantity which are spreaded out at a margin ie. butterfly spread etc) - suggest all shoreholders complain ASX even knowingly we know they won't do anything but these complaints are recorded against ASX for not doing their job when future investigations are conducted for whatever reason (royal commission inquiry ?)

AoA