it’s not, but ASIC just haven’t got the human resource available to wage a regulatory war on all bad compliance behaviour in the Australian Capital Markets. There’s probably 200 cases that ASIC are working on at the moment which in total May be costing us billion dollars by the use of fraudulent and manipulated corporate practices. There’s probably another 20,000 cases that aren’t actioned and never will actioned as the don’t have any priority. It the real world .
RNT Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
