Agree your sentiments but ASX and ASIC are not regulators. The ASX is there to make money for its shareholders and ASIC is there to remit profits to the Federal government.... which it has done a good job of. They may need to pretend to be acting in the investing public's interest so that they can keep their monopolies but to expect them to protect your own interests is an unreasonable expectation.
They are in the money making business the same as everyone else. The numbers are on display for all to see, it's no secret.
EEG is still a potential 10 bagger though if all things go to plan IMO.
fracking in new york green light?, page-23
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