As has been said by Linzy --- Makes an absolute joke of ASIC and the ASX.
Mum & dad share traders are treated with disdain by all but we come back for more
I have been trading for a few years and have had a couple of others go bad and always for the same apparent reason -- bad management and no regulating body with the will to do anything about it
Fortunately I have been able to get out with very small losses but it still hurts to lose money to incompetence beyond your control
I no longer trade as the bar IMHO is too high and share trading is no more than a guessing game
I do feel sorry for all those who have lost in this debacle
A40 Price at posting:
8.2¢ Sentiment: Hold Disclosure: Held