I've complained to ASX again.Perhaps others of same thoughtline...

  1. 180 Posts.
    I've complained to ASX again.
    Perhaps others of same thoughtline should do likewise.
    eg.

    Nylex prices 2005
    4 March 41c
    12 May 26.5c
    5 Oct 24.5c

    On 4 March 2005 the brokers had Nylex in the 40's cent range.Citigroup upgraded their price from 44c to 54c it was said on "....The broker warns not to wait for the drawn out divestment program."

    I complained about this to the ASX but they said the other parts of Citigroup do not comunicate, but at the same time the advice to corporate investors was sell NLX.

    Both times Nylex has dropped ie. 40c to 25c and then 25c to 16c the brokers have only(except to Citig. corp.) simply adjusted their reco's down after the event.

    Therefore at the moment the brokers recon 16c.Are they wrong again and will they adjust the price up after the price goes up(hopefully not down).

    I really think there is corruption involved with theses brokers.
 
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