-
Share
4,208 Posts.
232
02/11/18
13:10
Share
This outcome confirms ASIC is just a pimp to listed companies.
They ignore compliance issues and protect the company and Management.
We can see the problems and scrutiny Corbin has running his private companies.
If you want to fleece the public and suppliers or third parties the decision is obvious - list on the ASX.
You are safe to still draw a huge salary, deliver no value/product and act without punishment for insider trading.
No action suggests there’s no precedence which leaves all other dodgy coys on the ASX to continue their swindling.
ASIC is useless and should simply be disbanded and let the ASX run unchecked.
-