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74.0¢ slater & gordon limited

"All this happened when ASIC technically ruled that they were...

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jimk3758

7,932 Posts.

51

27/09/18

15:53

Post #: 35886344
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Originally posted by frankieV ↑

They were the subject of an ASIC investigation, intense media scrutiny, analysts hammered them, instos bailed, they were forced to do a write down partly attributed to their accounting practises, the CFO resigned and they paid out a CA lawsuit with others potentially looming in the future.

All this happened when ASIC technically ruled that they were cleared of any wrong doing.

What do you think would happen if they were actually proven to be undertaking price manipulation for the sole purposes of your conspiracy theory?

A few years back I had the pleasure of working alongside one Gilman Wong on a few projects, maybe give that name a google today. Yes ASIC and ASX is a joke, but you don't want to be a 10 year punchline.

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"All this happened when ASIC technically ruled that they were cleared of any wrong doing".

AG and gang were never cleared of Continuous Disclosure Law breaches because ASIC wasn't looking at that. I believe ASIC missed the dodgy accounting or there wouldn't currently be a CA against PP.

SGH Price at posting: $2.71 Sentiment: Sell Disclosure: Not Held
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