A 775k fine is an insult. How many successful actions does ASIC conduct each year? And mostly it is a negotiated outcome. A fine like this is probably a fraction of what is paid each year to the ASIC CEO. On a cost-benefit analysis you would have to ask what is the point.
ASIC Action!, page-2
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$1.56 |
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Mkt cap ! $400.8M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.61 | $1.54 | $1.347M | 862.4K |
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| No. | Vol. | Price($) |
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| 1 | 637 | $1.55 |
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| Price($) | Vol. | No. |
|---|---|---|
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