legal action, page-22

Hi all, hate to be repetitive but the best option for holders who have lost out is to persuade ASIC to bring civil proceedings to recover investor losses.

If you want some insight into how ASIC works have a look at this story:

http://www.smh.com.au/business/alleged-insider-trading-case-cracked-through-linkedin-20140511-zr9mw.html

It concerns the insider trading charges bought against Lukas Kamay, but the interesting part is that when his broker noticed the irregularity and reported it to ASIC, ASIC said we don't do that, go to the AFP. So someone at ASIC didn't realise that ASIC investigates insider trading violations !

Point is that if you want ASIC to take action, you need a sufficient number of people to complain, you all need to follow up, and you all need to keep following up.