PLS has State Street Corporation on its registry as a substantial SH
CXO has State Street Corporation on its registry as a substantial SH
LTR has State Street Corporation on its registry as a substantial SH
SYA has State Street Corporation on its registry as a substantial SH
AKE has State Street Corporation on its registry as a substantial SH
And there are many others in the same boat .
As long as State Street Corporation is on a share registry its stock will be lent out to shorters....and it gets a commission.
As a major shareholder State Street Corporation has a Fudicial Duty to all other shareholders in the same companies, to operate in the best interests of the other shareholders and not to act in a manner that damages value of these companies .
What do the entities that SS loan out to ,do ?..................they create artificial share prices in direct breach of The Corporations act 2001 Sect 1041a and they do it everyday, and they short the hell out of excellent Australian companies.
In my opinion, and this is not substantiated, advice, so, in my opinion, if State Street Corporation were not on the above stocks registry, then......
AKE would likely be above $15.00.
PLS would likely be above $7.00.
CXO would likely be above $3.00.
LTR would likely be above $3.00.
SYA would likely be above 40c.
And while all this is happening ASIC looks the other way, and State Street Corporation knows it won't be challenged by ASIC.
These companies SP 's are now fully under the control of the Wall St parasites.
ASIC, you have a budget of some $800 million / year ...............DO SOMETHING!!!!!!!!
All the above is in my opinion only.
hotcopper.com.au/threads/good-news-bad-news.5973628/page-24556
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