The opening and closing auctions are manipulated on a regular...

The opening and closing auctions are manipulated on a regular basis with BUL a particular target most times. The bot traders encourage queue jumpers to expect to put in a bid and get a sale at an extra pip to the point where a one cent trade within a nano second of the close will dash that hope and the buyer they work for will get those shares a pip lower.

Just check todays open auction, A one share trade made the difference between 12c and 12.5c. Queue jumping is an anti social habit that seems to be part of modern education. It starts at the school canteen. Anyone selling today and using jumping the queue got caught and got what they deserved.

In my humble opinion the open and closing auctions should be banned. However it never will be because those that control the ASX casino are the ones in a position to best use this cheating, manipulative system to their own advantage and continually cream off cash from the general run of investors.

End of sermon from a cranky old man.