Yes T7 ASIC has been deliberately asleep at its regulatory wheel for years including with market misconduct. This is made loud and clear throughout the Senate/ASIC 42 page report in your previous post. ASIC’s inaction on the illegal trading in Cudesco Limited despite the overwhelming evidence of market manipulation and collusion is contrary to ASIC’s legislative mandate, pathetic and disgraceful.
Of the examples of sp manipulation in the 24 bullet points in the above report, several are clearly in play with CDY (see pages 6-9 inclusive) as you adverted to earlier today.
I respectfully disagree with your approach to go silent here on the manipulation of the CDY sp for fear it will “..lower the confidence of weak hands, resulting in more selling and making an unwanted T/O offer more difficult to defend.” The more information about the illegal irregularities in the sp should steady those weak hands and counter any sentiment to sell.
CDY Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
