G'day gmt,And that's the illogical thing.The continuous...

  1. 4,086 Posts.
    G'day gmt,

    And that's the illogical thing.

    The continuous disclosure rules are to protect the shareholders. ASIC is saying that the continous disclosure rules have been breached, thereby by implication disadvantaging the shareholders.

    All okay so far.

    But who ends up paying the penalty - the shareholders - those same ones that ASIC is protecting!

    Weird huh?

    Don't get me wrong. I am very much in favour of the continuous disclosure rules. Just pointing out a strange anomaly.

    I haven't held CMQ for years.
 
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