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$1.74 gold road resources limited

Short Selling, page-49

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druiner

2,444 Posts.

717

17/12/19

12:14

Post #: 42007801
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Originally posted by Goldinvestunite ↑

I raised the algorithmic trading issue with ASIC and was advised that I would have to submit a detailed report of misconduct.
I decided to make the call after todays trading with 10.1 m shares traded with 6,866 trades.
I spent time analyzing this crap and found out the following:
. there were 1,955 trades for less than 100 shares (28.5% of trades)
. there were 3,641 trades for less than 500 shares (53% of trades)
. there were 5,619 trades for less than 2,000 shares (81.8% of trades)
. there were 51 trades for over 20,000 shares (0.7% of trades). The total shares for these trades were 1.8 m shares.
All of the small trades are creating a price and are illegal.
If ASIC knows of this BS then they should act under the Corporations Act Section 1041 a and apply the rules set up by the Australian High Court in the DPP V JM matter.
ASIC must have been questioned about this 1,000's of times so why no action?

I am following this matter further because the more you investigate the more it stinks.

Keep the Faith
Gold Investors Unite

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Good work mate, please keep us informed...we are right behind you on this

cheers to holders

GOR Price at posting: $1.09 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.74		Change 0.000(0.00%)		Mkt cap ! $1.880B

Open	High	Low	Value	Volume
$1.75	$1.77	$1.73	$7.107M	4.075M

Buyers (Bids)

No.	Vol.	Price($)
6	97081	$1.73

Sellers (Offers)

Price($)	Vol.	No.
$1.74	9411	1

View Market Depth

No.	Vol.	Price($)
6	97081	1.730
2	44861	1.725
1	10000	1.720
2	6091	1.715
2	23604	1.710

Price($)	Vol.	No.
1.740	9411	1
1.745	28985	2
1.750	54238	4
1.755	60063	5
1.760	75254	5

Last trade - 16.10pm 09/10/2024 (20 minute delay)

GOR (ASX) Chart

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