AGY 41.2% 4.8¢ argosy minerals limited

General Discussion AGY, page-20824

  1. 3,950 Posts.
    lightbulb Created with Sketch. 1577
    There lies your problem mate. If I don't hold a short position (which I never have), what exactly can ASIC do? The answer is bugger all. ASIC can't even keep a lid on genuine market manipulation and shorting practices. They don't investigate vexatious complaints from posters just because someone didn't agree with someone else on their chosen platform. Complaints must have substance and some degree of proof that materially misleading information was provided that could induce someone to buy or sell. The bottom line is that ASIC don't have the resources to investigate nonsense complaints like the one you have mentioned, and they spell this out in pretty clear terms on their website (see below).

    Anyone who's been investing for a while understands that it's naive in the extreme to expect ASIC to take action against anything other than the most egregious acts of market manipulation. I wouldn't hold your breath on the outcome of their "investigation".

    https://hotcopper.com.au/data/attachments/5939/5939822-c94dc5e46b807018981f858348c27cbf.jpg
 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
4.8¢
Change
0.014(41.2%)
Mkt cap ! $69.88M
Open High Low Value Volume
3.7¢ 5.1¢ 3.6¢ $2.325M 53.80M

Buyers (Bids)

No. Vol. Price($)
4 708717 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 280000 1
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.