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Ann: March Quarterly Report, page-58

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tinhat

5,681 Posts.

1742

04/05/15

11:36

Post #: 15211387
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Originally posted by sydneyguy ↑

Tell ya what is interesting to me...

After the ASIC spent a small fortune of taxpayers money examining CDU trading and reporting to Senate Inquiry following constant complaints from what appears to be a group of totally misinformed shareholders who were sucked in by some unsigned internet analysis / document that could have been done by a pre-schooler, you'd think they (ASIC) would be up to date on CDU and monitoring its "announcements" given the complaints of the past.

5 Minutes of checking the resent document would reveal some obvious major mistakes which could result in misinformation I would have thought

I Find it interesting there has been no letter to the company by the ASIC seeking clarification or corrections, but then again it did take them years to analyse trades and come up with "no Foul" when the shares tanked following a JORC which was absolutely no where near guided or expected........

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ASIC is just a fee collecting cash cow for the government. As a regulator they are a joke.
That said, I would have thought that issues to do with the adequacy of the quarterly would be for matters for the ASX?

Last edited by tinhat: 04/05/15

CDU Price at posting: $1.41 Sentiment: None Disclosure: Held
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