"it's dominated by people whom have extensive experience"....
Of course the whole problem is aggravated by the belief that the on market identity of the buyer and seller must be completely shrouded in secrecy (until substantial holder notices arrive later).
IMO this is rubbish.
Total secrecy invites corruption or the appearance of it - just ask USA why Fort Knox gold deposits cannot be audited, and why Germany cannot get their bars back.
For instance, why could ASX bidders not be required to show an ASIC approved ID; fund manager, professional trader, custodian bank, private investor, offshore entity, high speed trader?
The current ASX bid/ask depth screen is just plain rubbish and we all know it.
