KNL 0.00% 9.3¢ kibaran resources limited

Ann: Response to Appendix 5B Query, page-42

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  1. 15 Posts.
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    Hi Lectro - you raise a good point. Especially your point that they use any minor negative news to manipulate the share proce down.  I think a great example is this artixle which explains how the manipulation of the share price benefits the manipulators https://tdu.to/m/257059/the-unspoken-crimes-of-the-asx-part-6 what the manipulators do is wait for any news which could be perceived as negative and then they aggressively set their algorithmic programs to redice the share price.  Whn there is a positive announcement they set their algos just tp cap the price so that it doesnt take off like a rocket.  In this way they can accumulate large holdings in companies they like. Then im the future they can manipulate it down some more and are already set up for a cheap takeover.  Our regulator is asleep at the wheel.



 
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