ASIC's intention to prosecute this guy seems as misleading as the very thing they "allegedly' want to prosecute him for. The company was always a risky play, hence the allure of potential high reward, but ASIC's prosecution, and the failure to bring that to a conclusion quickly, has elevated the risk to another level. Investors don't want to stay in at that risk level, and even fewer want to buy in at that risk level.
HCT Price at posting:
1.1¢ Sentiment: None Disclosure: Held
