Its an absolute disgrace the way the ASX let the market participants use their bots to manipulate the closing price auction.
Today was another example of RED getting manipulated on the close where the bidders volume was always 2 shares less than the sellers volume, therefore the CSPA was always going to be at the lower end of the price auction. This changed within 5 times in the last 30 seconds on the CSPA.
Does this happen often for RED?
The retail brokers and their clients are always targeted at this time of the year but the big insto's and their "sniper" bids and offers are hardly looked into. Disgrace.
gl all
rambleon
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