The ASIC article on PLS forum is actually interesting, it shows that the price manipulators have been switching massive non-genuine sales all day long, day after day between Deutsche, UBS, Swiss, CBANK etc. to help achieve certain share prices. This makes them harder to pin down, as they submit the fake buys/sells through one firm one day, then another the next.
This moves the price then they day-trade the difference. This form of share price manipulation IS illegal. Non-genuine sales abuse at such levels, should be identified and stopped. In amongst all those fake trades will be their genuine buys/sells as they make their daytrade money.
I have almost no doubt that some shorts will also be involved, to one extent or another, but really it is the daytraders that are doing it in a big way.
