ASIC and all other major regulators for that matter have a history of stepping in and acting on issues way to late, after the fact. Good example is the banks. Damage is already done by the time they have looked into anything yet blind Freddy could see the banks were ripping people off with fees and loans to people that couldn't afford them. I can't help but think of Crowd1 is what most people are judging it as why didn't the ASIC step in well before and start asking questions rather than wait Al long as it did. Time will tell!
EM1 Price at posting:
10.5¢ Sentiment: Sell Disclosure: Not Held
