Well Mal, I and a few others (I believe) have made complaints to...

Well Mal, I and a few others (I believe) have made complaints to that effect with both the ASIC and ASX, so let's hope they examine things properly.

But, what I can't work out is how can you go about examining the examiners? Once you have lodged your complaint, they operate under secrecy so there doesn't appear to be any accountability - or a responsibility to be accountable.

It's a bit like making requests under our "Official Information Act" here in NZ. Most times, if they can't hide behind the old line ... "you can't have it because it is commercially sensitive"..... they give it to you with any incriminating information being heavily censored first - or blacked out (I think "redacted" is the official word). It's all a load of BS of course, and this lack of transparency reminds me that democracy is just a convenient word!

Never mind, I have certainly learned my lessons well in respect to investing in young growth company's and just assuming the management have ALL shareholder's best interests at heart. It appears to me that in the early years of risk ... and up until profitability (when the value finally starts to accrue), they are happy to use our money. As cash flow and profitability approaches - they drive the SP down and then once there is stable cash flow and increasing profitability, the takeovers or buyouts then come into play.

Once I have finally extricated myself (or have been forcefully extricated) from my two last shareholdings - I will be out for good (with or without value). Never again.