Now they tell us, page-22

ASIC is the biggest waste of tax money ever!

They are blind to any dodgy deals and most of the time, actually choose to look the other way for their own benefit.

Their sole purpose seems to be putting out a "please explain" document to a share price rise of more than 20% or so. give me a break!!

So do you guys really expect them to act on anything like this?.. good luck!