A bit of a worry that it appears to be coordinated between the larger players. All institutional buyers have pulled away from the buy side, there has been heavy shorting knowing that to be the case and now heavy bot capping on the sell side.
As I said - the recent ASX press release is a joke. What point prosecuting a single trader when the institutional investors are the REAL market manipulators?
The ASX and ASIC have no desire/ability to take on the banks. And if there was ONE lesson that could have been learnt from the G.F.C, then you would think that regulation was THE ONE.