"A spokesman for Lynas said it informed the ASX of the court's decision at 3.32pm and it was up to the exchange to decide when to lift the trading halt."
So someone conned the ASX into trading for 5 minutes plus a few seconds auction match-up time at 4.10pm, that's rubbish about it trading for 15 minutes...it was FIVE MINUTES, plus a few seconds after 4.10pm, so 25 million shares changed hands in just over 5 minutes. And here's some more reading for you LYC folks over the weekend.
an exert....
But this dark pools crackdown was akin to sending one's taskforce into war when the war is over and the mutilated bodies are being stretchered off the battlefield.
The biggest dark pool of the lot is right under their noses, and that is the dark pool commonly known as the Australian Securities Exchange.
At the behest of a handful of big broking houses, the ASX introduced a broker ID blackout in 2005.
Until then, every share transaction had a broker ID number beside it. There has been zero transparency ever since.
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