kooka,
On the ASX website, there is a section on Price manipulation that specifically mentions:
"Capping and pegging
This involves activity on both the stock market and the derivatives market. A trader writes an option, which obliges the trader to sell to (in the case of a call option) or buy from (in the case of a put option) the option holder a specified number of shares at a specified price. The trader then trades in the shares covered by the option in order to affect the share price in a direction that will make the option unprofitable to exercise."
Don't know how you could prove this was happening though.
Can you trade MAE on the CFD market?
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