Our market are completely unregulated, we operate on the honour system here in Australia, we just trust that companies will probably do the right thing.
The biggest scam of all here is ASIC itself posing as a regulatory body to receive taxpayer funds, whilst performing no such function. By defrauding every taxpayer in Australia ASIC make HML look like amateurs.
Ann: Net Tangible Asset Backing July 2019, page-14
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