John, the growing sell depth is one of the many methods of...

John, the growing sell depth is one of the many methods of holding the SP down. Why would you hold the SP down? 1. In order to reduce risk while waiting for confirmation news e.g. of the flow rate. 2. in order to influence (decrease) value perception by the small holders. (3) churn and accumulate. Plus many other reasons.

As the big end of town increasingly moves the borderlines of SP manipulation, we will see more and more of this activity being sanctioned (overlooked) by the ASX and ASIC. The overfed watchdogs need a wake up call, but until a method can be established of determining the actuality of an occurrence of manipulation satisfactory to the courts, the you n' me punters will remain confined to the lower slope of the level playing field with the goal posts at the other end surrounded by razor wire.

Stu