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It was written as you say supposedly to protect shareholders.

In the same way the constitution of the Weimar Republic was written to protect the people of Germany. Adolph Hitler used one clause in that constitution to legally make himself dictator of Germany. What we will never know, is was that clause written to allow the followers of the Sparticus party to do the same thing. The tradegy is, a biased view was taken because of a central group within the Spartus party to identify all of a larger group . Of all the questions in history the answer to this is possibly the most important and the one we will never know. Peanuts quoted "we have found the enemy and he are us."

Had the above worked out in the opposite manner Germany would have been incorporated into the Soviet Union. We would have faced a different enemy, bigger and more deadly.

As a Goy I have tried to understand the above evil and I view what happened from the perspective of Catholics and Lutherans in that country a different perspective and I see clear similarities to what is happening today.

So getting back to the JORC and CDU, writing a code that cleverly allows manipulation for some would be a clever thing to do.

Most professionals on here are loathed to take this view. They are loathed to believe that well educated professionals could actually do something like that. Well in the case of Germany it did happen, and why would it not happen with the ASX.