These buy and sell orders that go on before market and then pulled just before trading are purely designed to manipulate the market, nothing ever gets done about it. Now if you did the same through your small fish punters account then you would be getting the please explain phone call. I have played the before market game once just to see what would happen, i had a phone call from the asx compliance team....one rule for the small traders, one rule for asx members. They go on about the level playing field, it is a sham. For the last twelve months I have been recording this unfetted pre and after market manipulation on a number of stocks, the day of reckoning is getting closer.
PIO Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
