I sent ASIC an email yesterday Morning Kindly enquiring as to why they have been sitting on their hands for the past month rather than regulating abnormal market activity. Didn't get an email response but surprised a ticket was actually issued.
Hopefully the sellers will stave off while the shorters are scrambling to close out their positions. Hope a lot of them lost big bucks today (assuming we don't sell back down to the red)
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speeding ticket issued, page-8
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Simon Kidston, Non--Executive Director
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