There should be a royal commission into the ASX and ASIC, and into Algorithmic trading, and into the integrity and operation of stock markets in Australia.
It all needs to be cleaned up with regulations that would create a fair and decent system.
Unfortunately, it will never happen, because too many powerful financial figures have an enormous interest in promoting the corruption and illegality of the stock market.
Whoever tries to clean this up and make it fair, would be subject to the same treatment as the genius inventor who discovered how to run cars on water, suddenly he disappears and is never seen or heard from again, probably buried in some unmarked desert grave in the middle of a thousand kilometres of wilderness, or has some lumps of concrete tied to his feet and dumped into the Southern ocean somewhere, or chopped up and fed to pigs on some remote regional farm - the end result is the same.
By the way, EAR is in for a big 2019 IMHO, and this is just the start.
Gw
EAR Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held