Labsy
Regular
Well pit it this way, 20mill shares in small sale parcels to try to drive the price down, and the result? 2% up because at these prices the smart ones gobble them up without hesitation.20 and a half million shares later ......... Gee Whiz ...... up 2.5c !!!
What a load of manipulation but I am not suprised.
Seriously, how many of the 3099 trades (sales) were genuine ? Not many I reckon.
Patience is the key here, I realise this - but does not mean I have to like it and unfair tactics by some in any domain bothers me very much.
I have some minor suggestions for changes to the trading info on the ASX platform.
I am curious to understand if this may be doo-able without too much difficulty ....... or am asking for too much ?
1. REGISTERED NUMBERS to buy and sell shares (no personal details) ........ just like an auction and the registered number included with each individual sale/purchase.
2. SiGNAL the direction of all transactions ........ if they are in direction of the buyer price or seller price.
Would that be difficult to do ?
Would that be more fair and transparent ........... or would that be unfair and too transparent for the manipulators ?
Just wondering if this would be a reasonable proposal to put to the ASX ......... IN THE NAME OF LESS MANIPULATION ?
I presume the ASX wants to promote and endorse a fair operation of its platform and by refusing the above suggestions would be a signal
that they oppose - LESS MANIPULATION, and support MORE MANIPLUATION ..... would that be true ?