CDU 0.00% 23.5¢ cudeco limited

It is to be hoped that the CuDeco Shareholder Research material...

  1. 168 Posts.
    It is to be hoped that the CuDeco Shareholder Research material submitted to the Senate Inquiry on behalf of CuDeco and other companies in the ASX, brings about changes to the current system in operation.


    Max, it won't happen. imho, the Senate Inquiry is for show only. no change real or fair will come of it as far as retail and retired investors are concerned. I'd really like to be wrong but Australia's government has let its people down many times.

    two steps to fairer trading: no shorting for stocks whose prices are under $x (fairer to both shareholders and the companies that need to raise capital), and absolute transparency of who's buying and selling stocks.

    the best system would be a new one where every share traded is individually tagged and tracked electronically. e.g., brokers passing parcels between themselves to manipulate the sp without being prosecuted wouldn't get away with it.

    but such a system won't happen any year soon because it would significantly reduce non-legit trading by the brokers which in turn would reduce the exchange's profits. money before fairness. in today's world, this is true far more often than not.
 
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