In fact xsol from many ASIC responses I've had, this is the first that provides this detail and recommends they can do no more - but suggests (somewhat) that they (she) agrees with my points and suggests we contact MP's and other bodies to get the laws changed - fat chance!
When I'm not contacting ASIC I stand on the beach trying to mentally turn back the tide! (without much success thus far)
Their normal response:
thanks for the feedback - we value it!
whatever we do we won't be telling you and if you don't like that see a lawyer!
GXY Price at posting:
47.5¢ Sentiment: Hold Disclosure: Held