Petition updateStop dishonest practices on the Australian Stock Exchange and demand a Royal Commission.

From a Syrah Resources shareholder. The ASX's most shorted stock.

Ben PauleyPerth, Australia
Oct 25, 2019

As a Syrah Resources shareholder I can say that what is occurring is an absolute indictment of the corruption, and collusion between the big players.

The hedge funds, brokers, investment banks, regulators and financial media all play their role

in wealth stripping the small players.

 

I think that concept of wealth stripping is central to the whole debate.

Steal right from under our their noses, while all the time spouting that the market regulators are doing their job.

 

Not only does the wealth stripping apply to individuals. The whole country is being sold off from under our feet

one manipulated take over at a time. The fact that our politicians are happy to preside over this theft of Australia's

sovereign assets speaks volumes about where their alliances lie. Treason anyone?

 

The claim by ASIC that:

"ASIC values the information we receive from the public, and reports of misconduct such as yours

assist us in working to build confidence in the integrity of the capital markets."

is surely a sick joke.

 

They are really working over SYR at present.

 

On 23 Oct   48.5% of trades were for value <$50. Then we see a late LT trade for 96,141 shares @ 5:11pm.

On 24 Oct   55.3% of trades were for value <$50. Then we see a late LT trade for 32,703 shares @ 4:35pm.

 

If a mug like me with an Excel spreadsheet can find these anomalies, what excuses do the ASX and ASIC have?

 

If there are any Syrah Resources shareholders out there you can contact me at ben.pauley@gmail.com

Stay tuned for the next update out soon :  The Hot Copper Stock Forum - The biggest enemy of ASX retail investors.  Please email me with any of your own examples.

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