Yes agree, but ASIC and ASX seem to think manipulation is ok, ......??? I wonder if the ASX was writing a vision statement for their organisation's whether they would condone / facilitate or maybe just turn a blind eye to it?
I've said previously that I believe short selling should not be allowed, it fundamentally devalues and can undermine a company. If people think fair value is below the current price use options to do your speculation. Personally I think that across the board, but certainly rule it out for smaller companies below X Capitalisation. They along with BOT trading just play to undermine various triggers like Index balance dates, capital raises, falling sale orders, news and social media which we all know can be "fake".
PNV Price at posting:
$1.30 Sentiment: Buy Disclosure: Held
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