This video explains the uneven playing field that the Australian share market has become: https://youtu.be/lpNDjSEaYW0?t=51
"The share market has morphed from a system that supports productive enterprise and wealth creation, to a system that has become finely tuned to enable the transfer of vast amounts of wealth from Australian companies and Australian shareholders into the hands of offshore interests.
If you are a holder in a company that attracts the interest of predatory traders, there is virtually nothing you can do about the transfer of wealth that will inevitably occur.
The key problems are:
1. Widescale abuses of the systems of algorithmic trading and short selling, and
2. A regulator that fails to enforce the laws that govern the markets."
Obviously this scam has been going on for many years and has been ignored by the responsible(?) authorities. So, it's time to ask for investigations by the ABC's "4 Corners", Channel 9's "A Current Affair", and any other investigative team you can think of.
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $118.6M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 11.0¢ | $20.23K | 174.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 323820 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 3500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 323820 | 0.110 |
10 | 956020 | 0.105 |
16 | 695340 | 0.100 |
3 | 142350 | 0.099 |
2 | 93450 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 74 | 2 |
0.120 | 104275 | 7 |
0.125 | 114400 | 3 |
0.130 | 78125 | 3 |
0.135 | 108000 | 1 |
Last trade - 14.27pm 23/09/2024 (20 minute delay) ? |
TTT (ASX) Chart |