that is the big trouble that asic and the asx is so weak in allowing these directors for telling porkies for their own gain
thus the result many mums and dad investors are being taken to the dry cleaners and also the ato has got the rise in tax losses
there are many listed companies who are just there for the directors gains read the lwp thread
now when does the asx and asic start to question these directors of these failed companies or do they just stick their heads in the sand and do not take responsibility for these shot comings and the tax losses claimed
really when claims are made by many to the asx they should sit up and take notice and if fraud is involve the federal police should be called in and charges need to be laid
or is the asx a milking machine looks like it at present i could name a few that fill that page
get off your bums regulators and police you are getting burnt at present
1PG Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
