7c traded on 5/3/13 a "false market'?

So less than 80k shares were bought up at 7c on the 5th March, just following the share being suspended on the ASX due to disgraceful numbers not being delivered to the market on time. Did anyone on HC buy at 7c on the 5th? If so, and you had communication from the board, suggesting it would be good to buy, were you manipulated? If so, might a call to ASIC be in order?

Since then, over 200k shares have traded at 6c, with another 200k still available for sale at 6c. The best bid is 4.8c, a 30% loss if they want to get out.

Does this seem to anyone else to be like the creation of a "false market" on the 5th March?

Does anyone else think that this stinks? I recognise that NuSep is illiquid, BUT I also recognise that there are unanswered allegations of what appears to be market manipulation by our board.

And we're the losers here.

But for the NuSep board, the show goes on.

Where is ASIC while all of this is going on?