Hello PHIL9873, Nice to hear from you.I think that the trading...

Hello PHIL9873,
Nice to hear from you.
I think that the trading in MFS was so extraordinary and the reporting/anns so scarce/lacking.

Who knows what the shorting positons were? Where they naked?
But in general it might help to know all ASX uncovered? positions and for that to be a new ann requirement...I wish I was more knowledgable in this department and would be re-assured if ASIC or ASX ie experts were looking at revamping anns etc....

Surely our regulators should be re-assessing the documentation required from companies and the trading positions in this much more sophiticated marketplace.

I note that substantial shareholdings anns. by wording of the forms.. require an ann if there is a CHANGE to the holding...
Do they need to report extensive trading if, at the end of the day there is NO Change in the no. of shares held?

Is this what is called churning?
Were directors shares lent out to be shorted ie used against value of the company and was that understood by directors if it occurred?

The trading, the identity of traders, is important imo.

I hope that trading and any chance of undermining values/manipulation comes under close scrutiny by regulators. The market is becoming so fast and so complex that it could present avenues for plunderers.imo.

There have been changes made to ASX responsabilities etc and those measures must have been made, having looked at recent events. I hope that qualified people are looking very closely at this and keep improving our marketplace.