In that case and given your certainty perhaps you'd like to share with us Perram J's comments critical of ASIC not seeking a higher or maximum penalty. In the meantime given the Federal Court judge decided that “there is nothing” in ASIC’s argument that the bank contravened the Act, why would he then argue that ASIC should have sought a greater penalty. Looking forward to your update JC as the ball is now clearly in your court (no pun intended).
WBC Price at posting:
$33.35 Sentiment: Hold Disclosure: Held
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