I'm glad someone can sense my dry style of humour!
ASIC copped a caning in the interim report of the Banking Royal Commission.
I suspect they will be tougher and more assertive from now on.
Accepting deals prior to going to court will be far less likely in my opinion.
Lucky for T2 they started the steps for General Compulsory Acquisition prior to the report coming out, otherwise this could well have played out differently.
RRP Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held