OMFG!
What a con! Day-light robbery. Scam. Anyone tried pursuing this with ASIC? Mind you, this is the ASIC we are talking about:
http://www.abc.net.au/news/2014-01-14/asic-releases-details-of-chairmans-travel-expenses/5200042
http://www.ifa.com.au/news/12019-asic-defends-its-name
http://www.smh.com.au/business/asics-greg-medcraft-defends-his-overseas-role-with-the-iosco-20131124-2y3xf.html
http://www.theaustralian.com.au/business/asic-boss-defends-overseas-travel-expenses/story-e6frg8zx-1226801824077
http://www.abc.net.au/7.30/content/2013/s3868921.htm
ASIC's track record really fills me up with confidence and gives me peace of mind that they will clamp down on any abuse of corporate governance and will stand up for shareholder rights.
I thought Nexbis was bad, CCC and PL are just...well in another league.