It's not like it used to be at all imo. The game has changed.
ASIC now requires all ASX listed companies to monitor chat about themselves in the blogosphere. The problem is that although companies have to read it according to ASIC, there is no mechanism for them to correct or engage in anything that is said because there's no ASX rule (and I mean ASX and not ASIC) that corresponds to this little ASIC requirement. It has to be an ASX release apparently. That, or some other companies have chosen to respond via proceedings in court when they sue their shareholders for defamation rather than at least attempt some form of response to the things said in the blogosphere. Lucky for us the latter will never be a reality for shareholders of this company.
Why? Largely due to the Wolverhampton Wolves. At least for now.
Will check in tomorrow to see what's posted. Cya.
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