Hi raymaur. I have been trying to understand why this apparent...

Hi raymaur. I have been trying to understand why this apparent manipulation is going on, and have come to one possible reason. I am hoping that someone with far more knowledge than me about NASDAQ listings can comment.

Basically, I remember seeing/reading before the PBMD listing that as part of the listing qualification, and to maintain a listing the "Home" shares (ie ASX PRR) must maintain a daily trade volume, or a monthly average trade volume. Given that I believe that PRR is currently in a holding pattern until October, and most shareholders are in a wait and see mode, is it posible that these 0.1 cent bids etc are designed to spook shareholders into a sell-buy-sell-buy mentality to ensure we maintain the qualification criteria.

I know this sounds a little farfetched, but perhaps somebody can comment on whether mainting these volumes is a requirement. It might explain the current bids and sells.

GLTA