DCL 0.00% 1.1¢ domacom limited

Ratings Downgrade for Domacom, page-5

  1. 1,080 Posts.
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    Not only is it not a good look, it is a flagrant breach of ASIC Guidelines. Section 85 of RG 234: "Advertising financial products and services' clearly states that "Only current ratings should be used". So ASIC are well within their rights to step in a suspend Domacom from taking any applications from investors in the the Domacom Fund. They have done with before with other funds managers for exactly the same reason.

    Domacom have shown a flagrant disregard for investor interests. Clearly a sign of desperation.

    I do note however having just visited the site that no research reports are currently accessible. Would be interesting to know when that step was finally taken.
 
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