Yes you are right rolf2903.
"They" have control.
Fundimentals and Technicals of Companys stock/price no longer have any "real" meaning or play on the ASX anymore.
It is pure greed by BIG entities and the ASX for profits/fees generated.
Quite a few stocks have been raided and lost all momentum and now stagnate regardless of how "good" they are.
Any up coming Company listed in "spec" territory must be nervous about getting Mum & Pop spec investors in to start off.
Who wants to be continually lead to the "slaughter"??
"Scalping" is illegal in other areas so why not here on the ASX?
Monday thread, page-87
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