The source of my problem is sooks like you that stuff up and...

The source of my problem is sooks like you that stuff up and immediately look for someone to blame.

Look at my very first post at the top of this thread and tell me where I am sooking.

So you go and lodge your complaints and try very hard to make noise, and you find comfort from others who have also stuffed up. So you collectively go and waste all these peoples time and then complain of injustice and inactivity when they don't do anything.

It is ASIC's mandate to investigate matters related to insider trading. Calvin Zhu a former executive of Han Long was successfully prosecuted following investigation by ASIC for insider trading on Sundance Resources (SDL) and Bannerman Resources before their respective takeover offers.

http://www.abc.net.au/news/2012-07-31/hanlong-exec-guilty-of-insider-trading/4166594

It is possible that someone close to Hochtief may have been tipped off about the takeover offer and transacted in LEI shares on Thursday and Friday. If so they should not be allowed to profit from insider information, and indeed should be subject to criminal charges.

What ASIC should do is a separate question from what it can realistically expect to achieve. Instances of insider trading are very hard to prove but that doesn't mean they should not be investigated.

It is not a waste of time as you put it for ASIC to investigate insider trading. There are people employed at ASIC precisely to investigate such things, so all that is being asked is that they do their jobs. Had noone lifted a finger people like Calvin Zhu and Martha Stewart would have walked away scot-free.

And for the record, I would have made this complaint even if I didn't own any stock in LEI.