BRM 0.00% $2.53 brockman resources limited

Look at how ASIC is pursuing Han Long for SDL insider trading. I...

  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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