Unfortunately ASIC will not take action. The response to my long winded report to was “get a lawyer”. Don’t rule it out!.
More unfortunate is the boundary which has been clearly crossed from companies’ announcements claiming ‘positive’, ‘optimistic’ or any other blurring adjective misrepresenting or getting in the way of factual reports.
The boundary being (maybe/maybe not) to BS, untruths and all grey areas within that paradigm.
A shake up is not needed. It’s necessary... it’s not high risk/high reward for small caps anymore.
They & their associates have made their $$$ before you get an opportunity to trade.
NXR/WBT and friends are an exceptional case. Makes it all the more attractive to prospective legal practitioners to use as an example.
There was never a ‘one time pin’.
NXR Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held