the asx is screwed up, page-2

  1. 1,871 Posts.
    you forgot to mention CMR Compass Resources, they went from over a 500 mmillion market cap with a share price in the multiple dollars, to 16 cents, then suddenly administration (i bought 3 days before the suspension)ASIC (and their hedge fund buddies) are the REAL criminals in all this, the proverbial fox in the henhouse, Dracula running the blood bank rolled in one. They are SUPPOSED to enforce the Australian corporations act, nothing could be further from the reality of what's happening.

    http://www.smh.com.au/money/on-the-money/blogs/savvy-investor/asic-needs-to-take-direction-with-compass-resources-20100615-yayw.html
 
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