The West Australian, page-6

I noticed this part in the article:

What kind of rubbish is this?

The ASX has "absolute discretionary" power on any company that is listed on its exchange even if its foreign registered.

This seems to be the ASX setting themselves up to do nothing. So the ASX hands out "speeding tickets" and "please explain" when a share goes up by 30% on volume trading but will do nothing in NKP case. What a bunch of tossers.

I will be writing to the ASX to "please explain" why they cannot even enforce their own rules.