Just a quick one, how the hell is the ASIC meant to monitor the actions of the market with a piddly budget of $300 million.
Reading an article ASIC was forced to pay the fees in relation to the FMG case, totalling 30 million, that's 10 perent of their budget in one hit.
How are we the investors supposed to feel comfortable plunging thousands, millions into the market with a watcdog resembling 14 year old chiwawa?
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