The Royal Commission into misconduct in the Banking, Superannuation and Financial Services, was first established to investigate corruption.
The powers of the Commission were watered down funding was inadiquate.
Any time that Brokers Data is posted on HC it can be seen that two brokers that happen to be International Banks as well as Brokers are always shown to be the ones that are involved in small high frequency trading.
One is in our top 3 shareholders and uses their muscel and advantage of being a broker to use high frequency trading to infulance the price.
Trades of 1 share at 100th of a second after legitimate trades are placed to change the direction of trading. Broker Data comfirms sometimes up over 500 trades a day. These two international banks have a history of similar behavour through stockmarkets world wide. Both cater for the big end of town and one in particular it appears to be their own interests first being a shareholder as well judging by broker data, IMOP. I am not talking about Comsec.
The Royal Commission failed us as share trading was not in the terms of reference, even though all banks are involved in share broking.
The Royal Commission into misconduct in the Banking,...
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Last
$2.38 |
Change
0.160(7.21%) |
Mkt cap ! $451.9M | |||
| Open | High | Low | Value | Volume |
| $2.25 | $2.38 | $2.19 | $1.896M | 828.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1096 | $2.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 105071 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WBT (ASX) Chart |