Comparisons, Connections & Conspiracy Theories, page-49

Yep. Market manipulation is illegal under s 1041A of the Corporations Act 2001. False trading and market rigging is illegal under s1041B of that Act.

If someone is selling for the sole or dominant purpose of creating or maintaining an artificial price that person is committing a serious offence. They need to be stopped in their smart a_s_ tracks and criminal charges for the offence(s) laid by the DPP.

If the CDY sp is being maintained at a level that is artificial then market manipulation is at play. Market abuse is deliberate interference with the free and fair operation of the market to create a false and misleading sp. Who could logically argue this nonsense is not going on?

All the facts point to illegal market misconduct not the least the nature of the market trades, the long term history of the sp compared to the positive business developments and the driven down sp compared to the fair value (see analyst research).

The prolonged period of sp downtrend with no ‘slingshot effect’ points to either of two possible more worrying scenarios than manipulators after short term dump and pump profits. Firstly, a low ball price sp under $0.40 opportunitistic part takeover offer to sieze control. Secondly, a management similar low ball buyout supposedly to protect the sp. Watch for either of these ‘surprises’ in coming weeks unless the sinister plot is sufficiently exposed and halted by regulatory intervention.

It certainly seems the inescapable conclusion is there is market misconduct in CDY shares. If it continues, apart from further destruction of the value of our holdings, it will do real economic damage to the company.

The CDY Board needs to understand this deeper potential catastrophic consequence for the company (and us its owners) and convene an emergency meeting of directors to deal with it, primarily an expert’s investigation of the trades and the share register and referral of the apparent market abuse to the regulators.

From our side, the best push back against these clowns, to hopefully restore the sp, apart from not selling, is for each of us to join the posse and complain to the ASX and the ASIC this week. The current ASX “Inquiry” otherwise runs the risk of limp superficiality and an easier finding of found nothing illegal.