Is anyone watching this?
I use Power Etrade and can see every trade. So when trades of 36 shares @ 17.5c go through just to keep the SP down – funny business IMO.
This has been going on for 6-12 months+. I did speak to CT from the Company around the time of the SPP. CT said they feel some brokers (2 or more) are swapping stock around to themselves to manipulate things. Suggested I should contact ASIC to add to their own queries.
Any thoughts?
PS: As I type -
731 @ 18c 15:37:53
202 @ 18.5c 15:39:40
195 @ 185c 15:42.59
It’s the shorting I hate as the bids came every 5 minute interval in the morning. Unfair on a stock which when pops it head up gets clubbed down immediately.
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