Hi CDU'ers,
The following is the text of a letter I have forwarded to
Mr G Medcraft, Chairman,Australian Securities and Investments Commission,concerning the trading of CuDeco(CDU) Securities:
"Your ref. CCU11\0338 CuDeco(CDU) Trading.
Dear Mr Medcraft,
You have not responded to the important information I forwarded to you on the 2nd May and 16th May, 2012, the 21st June, 2012, and the 2nd August, 2012, on the trading of CuDeco(CDU) Securities, and an unsigned document “F..... S...........”
circulated to subscribers around the 18th August, 2010.
I would like advice of the result of your investigations as soon as practicable, please.
In the meantime, I wish to inform you that additional research has been undertaken on the “CuDeco Shareholder Research” Document. The latest Chapter of the research material covering “Chapter 6 - Registry Anomalies” is headed:-
“ Chapter 6.4 Trading Featuring Substantially Increased ASX Activity over Registry Activity”
(Wash Trades versus Dark Pool Trades,plus Settlement Issues)
The direct link is:-
http://www.s.....com/doc/107397935/6-4-Trading-Featuring-Substantially-Increased-ASX-Activity-Over-Registry-Activity
Section 4 of Chapter 6.4 gives an overview of Share Market Trends, Trading Behaviours and Market Events over 2.5 years of trading from January, 2010, through to June, 2012.
I have attached a copy of this Section so that you can read and digest the summary of CuDeco(CDU) Market Events over this period.
The research reveals and highlights the need for Audits to unravel the reasons for anomalous data trends in CuDeco(CDU) Securities, and the entities that have been responsible for them.
Illegal practices must be eliminated to provide a just and proper share market operation.
A copy of this letter is being forwarded to the Hon. Bernie Ripoll, MP, Parliamentary Secretary to the Treasurer.
Yours sincerely,
Maxw..."
Referred for the information of CDU shareholders concerned.
cheers,
Max
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