Its a shame ASIC seems to either not care or be in the pockets of these guys. Not hard to believe certain individuals assigned to this case may have been influenced.
Really gives small holders zero confidence in ASX’s governing body to protect them in these situations where loopholes were clearly manipulated. By intentionally not taking ANY action they have essentially backed the bullies and joined in on the beat down of small holders out of their savings.
RRP Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held