Its Over, page-1522

Perception is everything. Once a company is "tainted" with a controversy, perception of the company is no longer the same and correspondingly there would be lots of skepticism thereafter. Especially when the company under query has failed the good corporate governance test and furthermore if the company fails to produce the financial results its sp would have expected. We've seen that with BIG, then GSW (although this one is doing its Round 2 of spruiking) , then BUD and now possibly ISX.

A 'tainted' stock is akin to 'when there is smoke, there is likely to be a fire' and in almost all cases, the truth eventually would come out to confirm the case. Poor corporate governance is both a reflection of 'untrustworthy' management and poor regulatory oversight. ASX can ill afford to have another case after the BIG and GSW debacle - and with GSW back to its old tricks, it demonstrates that the authorities are sleeping on their wheels.

There is one thing I would not doubt - AFR investigative journalism. They were right on BIG, GSW, PNC and many more. Ignore it at your own risk.

People should put their interests (financial) aside and determine objectively the risks as presented instead of complete denial.