BRN 2.22% 22.0¢ brainchip holdings ltd

Why I have not sold all my shares, page-58

  1. 318 Posts.
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    So here is a response that I got from Westpac. While it is not BRN it shows where we as retail investors stand. It is clear from this that the ASX is a fundamentally floored 2 tier system, one rule for retail and a whole set of different rules for the "big boys". How ASIC or the government believe that these rules are fair and just for all is incomprehensible. I have been arguing this for 2 years now, the only solution is a royal commission into the ASX as a monopoly. I've deleted some of the information below, but it is clear that the rules don't apply for some.
    https://hotcopper.com.au/data/attachments/4020/4020164-34731e284515cd69961de41820d14504.jpg
    This is the response from Westpac. Even though after my bid was put in place and most hit, another 2 bids were then put in front of my buy offer. Bids of 1 share (worth 97.5c) and 5 shares (worth $4.87) (as a retail investor the smallest bid for me is $500!) So when I tried to go higher to finish my buy order it was rejected, when I tried to match their offer, it was rejected. So how is it fair that I can't match the highest bid on the buy side. This market is 100% rigged against small investors.

    https://hotcopper.com.au/data/attachments/4020/4020241-ee02baed0bfb468f290be9f4602ccd37.jpg


    Last edited by Rexryan: 25/01/22
 
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