So long as the ASX are responsible for disclosure requirements on the very exchange that they derive their revenue from they will always have a conflict of interest. They will continue to selectively question some companies yet let other companies where the question should be asked trade unhindered. In short - they should have no regulatory or monitoring responsibility whatsoever on the exchange and an independent umpire should monitor this function.
Will that happen? - highly unlikely.
BLY Price at posting:
15.7¢ Sentiment: Hold Disclosure: Held
