My fav is a finding a half year (maybe a year) back by ASIC of illegal activity by a company/board/management. ASIC warned them, then let them off with a 'fine' of paying some money into the ASIC training fund.
Now, oddly, I have just finished affidavits with ASIC lawyers to help them with the 'entity' that stole 10s of thousands from me. But it does seem ASIC dont really care to tackle ASX companies... unless the finding will result in money paid into the ASIC Christmas party fund. And oddly (x2) one of the persons ASIC needs my help with is an ex ASIC lawyer. (who went out into the big bad world - I guess knowing that ASIC really cant hurt you)
In any case, how sad, Plough, that you KNOW it happens. And you dont care. And how sad the rest of you dont even have the nerve and morals to answer my questions and to actually ask that BDR stop doing their naughties. (along with many other ASX companies)
Let me ask all you investors a long, hard question. How is it, the you KNOW the playing field is rigged. And you KNOW your money is being used as feed in the pigs trough. And you KNOW, like in the casino, long term you are screwed, and you only hope is a short term lottery win. And THAT is how you invest for your future.
You know, if you did like me, and withdrew from the ASX (BDR is my last share aside from MWR). And I am 70% cash. If you all withdrew from the ASX and left them demons to burn together in hell, you would be much better off, I think, in the long term.
Beware the small and mid caps for sure. They only exist to screw you. If you play with them and end up raped... that is your own choice.
(and happycats must be a male... some balls to answer... JID... shame, shame, shame)
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