Silent O have had dealings with ASIC and the problem is you don't get an explanation from them..........
Your reply you will recieve will say
ASIC values the information we recieve from the public, and reports of misconduct as yours helps ASIC in working to build confidence in the integrity of the capital markets.......and so on........ they will talk about all reports are given carefull consideration and weighed up against evidence available and regulations............
Last para will say
As ASIC is precluded from commenting on operational matters, we are unable to provide further details regarding what, if any, action we may or may not take in relation to the concerns you have raised.
GBG Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held