australian shareholders association, page-2

What needs to happen, is for between 500 and 1000 angry shareholders of small companies that are being manipulated daily by bots (many bigger companies too like DOM Dominion Mining every day for past 12 months) to protest outside ASIC headquarters in Market Street Sydney at hign noon chanting...."What do we small shareholders want ? JUSTICE ! When do we want it ? NOW !" I would hold a burning effigy of ASIC chairman Tony D'Aloisio (who retires in May) and will no doubt get a massive payout for doing such an outstanding job on behalf of the financial institutions he gives the green light to rort to.

then the chorus...

Shareholders...united...we'll never be defeated.

But alas it'll never happen, too much apathy and shoulder shrugging, accepting that's the way the market is. Check out tomorrow morning, or any morning, the BOT buy and sell orders in DOM, it is something to behold, at every single one cent increment. And they have the absolute hide to imply a match price of $3.15 till just before open, and actually open at $2.91, with all bot orders cancelled (at least 100 individual orders) And you know what ? Out of 687 individual trades, there was not a single 3000 unit transaction among them, quite remarkable considering there's 100 of them on both sides in the pre market each morning. D'Aloisio needs to answer questions before a Royal Commission as to why in the many years he was ASIC chairman, virtually no prosections were made for blatant breaking of ASX rules by brokers and insto's, the only "feather" in their cap was sending Ray Williams and Rodney Adler to jail for a short time, and sending Rene Rivkin to his grave. When the ASX "cops" are bent and not interested in following up complaints from ripped off shareholders, what hope has Joe and Josephine Average got ? The rich get richer, and the poor go broke.