The ASX rules leave the market open to manipulation. 1: Have you...

The ASX rules leave the market open to manipulation.
1: Have you ever see an auction where a bid can be made and removed in auction.
This happens at the morning auction 1,000,000 sell orders and removed only minutes before open. (causing confusion of direction). A sell in an any other auction is a binding contract of sale these guys play it like a fiddle.
2: Sell orders at end of auction obviously you can see the price bouncing around for a feel of the point in pushing the price lower. (any other auction a bid is a contract to buy/sell you can't retract your bid)
3: Double buy sell orders buy say 50,000 @ 0.12 from the buy side with a following sell in the same minuit 20@ 0.115 seen this happening in pairs (looks like trying to hold the SP @0.115 and keep the 0.12 buy side filling.
4: The guys with the most money can not only buy and sell @ 0.1175 but can buy just one share.
5: Bots can buy without an order then pin.
The ASX rules obviously are institutional friendly (set to reap from the small investor.
ATSIC sit on their hands they must be lookin the other way.