BRM 0.00% $2.53 brockman resources limited

asic

  1. 10,494 Posts.
    Look at how ASIC is pursuing Han Long for SDL insider trading. I think the Han Long Chinamen got too brazen thinking ASIC is just limp, droopy and flaccid.

    They may have been emboldened that Wah Nam's warehousing their way into 55% ownership with ASIC powerless to act (when in fact ASIC has been secretely ambusing Han Long for a long time).

    It is therefore entirely possibly that WN fearing ASIC would spring them a nasty surprise that they may just have refrained from using overseas associates to warehouse shares since June.

    If that's the case, the WN has no hope of getting beyond 60% let alone 80%.

 
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