We all know the law ....it's proving it that is diffcuilt.
The largest corporate theft in Australia's history netted the criminal 3 years jail.
The biggest swindle on price fixing between Amcor and Visa board on strawberry punnets resulted in a fine not even equilivent to the profit made during the swindle and the indignity of it all was the attendence of the Australian PM at the thief's funeral to honour him!!
When was the last time anyone was prosecuted in Australia? Insider trading goes on daily.....In Aust the ACCC is too busy monitoring petrol and worrying about wheather the laptop you purchased from Harvey Norman is under warranty.
The ASX is just an old boys club.
The attitude is as follows:
" If you don't like it sell your shares "
LNC Price at posting:
$1.18 Sentiment: Buy Disclosure: Held