SDL 0.00% 0.6¢ sundance resources limited

asic complaint, page-17

  1. 6,565 Posts.
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    Would be interested to see what the ASIC's response is.....

    Feel sorry for Asic,I dont think so.....only a simian fool would suggest that...

    You cant stop someone making a complaint to ASIC, but you might be able to prevent someone from making a fradulalent Takeover offer in the future.....not saying that howlongs T/O bid is or was fraudulent in anyway,shape, or form, but their credibility does come in to question with this whole opportunistic and protracted deal, and it is not right IMO....

    Isnt that what Asic are there for to field and investigate legitimate issues and complaints from geninue shareholders....

    Has Australias reputation suffered as a result of this drawn out and protracted takeover...are we an easy target for these type of things, it would appear so, time to tighten up the legislation...lets call it the sundance clause...

    http://www.asic.gov.au/asic/asic.nsf/byheadline/Our+role?openDocument
 
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