MEO 0.00% 0.0¢ meo australia limited

todays action, page-66

  1. 1,360 Posts.
    found this, obviously someone else believes the same

    http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3ARRL.L&it=le&action=detail&id=5793971


    From the ASX site
    http://www.asx.com.au/supervision/participants/market_manipulation.htm

    Price manipulation
    Placing buy or sell orders (or both) into the market in order to change or maintain the price of a stock. The motives for attempting to do this vary:

    To increase the value of a position in the stock for accounting or portfolio valuation purposes;
    To be able to issue new shares at a higher price; or
    To cause such a price rise that other investors are attracted to the stock, creating additional demand and higher prices that the manipulator can sell into.


    I guess its nice for ASX to have the rules but its another to enforce them eh... Bots are prob owned by the govt anyway...

    C'mon Jurgen, what the hell else do the meomites have to do to help the company!! Can you please kick a goal this week?

 
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