ASX listed companies should speak up. If enough did, instead of being silent, maybe something might be done.
KCN's Chairman has voiced his concerns. But who else has?
From the 13th. November, 2008 Chairman`s Address to Shareholders:
"Two years ago at this company's AGM I was highly critical of what I considered consistent market manipulation .... Much of it appears to be generated by so called computer generated trading, a phenomenon the Stock Exchange seems unwilling or unable to do anything about. For example, in the first two hours of trading today there were 151 trades of 10 or less shares in our Company."
The above was from http://www.asx.com.au/asxpdf/20081113/pdf/31dkw8wr1rly02.pdf
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asx listed companies need to speak up...
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