SMH: "The ruling could prove to be significant, as a rising tide...

SMH: "The ruling could prove to be significant, as a rising tide of attacks by overseas short sellers has led to complaints being lodged with the Australian Securities and Investments Commission (ASIC).
The regulator reiterated that the ASX remains the best platform for response to these attacks.
"We would not be able to comment on a specific matter – particularly one still before the courts," said an ASIC spokesman.
"But ASIC’s general position has consistently been to encourage companies, where possible, to address specific external criticisms with sufficient, usable information so that the market can form its own view.""
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A market expert, who did not want to be named in connection with the case, said it is a "pyrrhic victory" with regards to the fact that Bonitas is outside of the jurisdiction of Australia's regulators and courts. But he saw it as an important step for RFG in refuting the allegations.
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