Whilst they are conducting a Royal Commission into the banking industry it would be a great idea if they extended that into the Institutional Trading companies.
What a huge surprise that the banks were conducting a cartel in the ANZ cap raising and that the losers as per usual were the retail investors, yes the mum and dad investors.
I have been watching the trading in Accent this morning and the Institutional wankers are at it again manipulating trading with their BOT trading platforms.
Buying and selling one or two shares per trade.
The authorities allow this questionable practise to operate legally but morally it is corrupt!
Why should the Institutional investment firms be allowed to buy these piddly amount of shares seconds apart and at the end of the days trading they are only charged for one sale when in fact they have made hundreds of buy or sells in that days trading.
The mum and dad investors cannot operate under this scheme so where is the level playing field?
The ASX has no empathy whatsoever for the retail investment community it is a puppet to the Investment firms and needs an enquiry into its one sided governance at the least.
AX1 Price at posting:
$1.60 Sentiment: Hold Disclosure: Held
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