“This type of scrutiny from ASX is quite unusual, anyone know of other companies that have been queried like this previously?”
It’s a pity the ASX and ASIC boys where mot so alert in regards to the recent CBA money laundering for the drug syndicates issue they might have saved a few Mum and Dad investors a great deal of money. I ignore him now as he has proved to be a back pedalling charlatan; however, back in January Skol was talking about going long on CBA @ $84.92 at the close I see it was down to $75.73 for a $9.19 shellacking.
That’s almost sixteen Billion dollars or two good years earning wiped out since January and that’s even before they get hit up with the individual fines for some 53,000 money laundering offences.
And to think this guy is trying to give investment advice to us BBX Gold enthusiasts, he would be better off spending his time getting out of CBA before his personal finances reach the same level as his HC credibility!
I don’t think the Gold price has a big effect on BBX just at the moment; however, it’s still nice to see the price over $1,300.00. Interesting that this character is now bullish on Gold. “The true reserve currency!”
“Gold's Breakout Above $1,300 Is Just the Beginning”