It is ridicuolous that ASIC doesnt do something about the games...

It is ridicuolous that ASIC doesnt do something about the games that get played on the ASX.

Think about this logically. Who benefits from the low share price?

The underwritter that will be picking up all the options that were to expire - then magically the price will go up in a month.

If they can scare people from converting then they will get to convert more options and own a larger slice of company

All they need to do is buy shares and dump them into the buyers - as someone seems to be doing.

They cant buy 100,000,000 shares on market - but they can convert the expirng options

Just my opinion.

What a joke ASIC is