Complete non sense../
if ASIC wants keep 100^ confidential and not affect the value of shareholders than they should open the file in SECRECY and nobody aware of the event..
The simple fact they announce " we will investigate" creates a doubt about the quality of info.
If they really want to protect shareholders value they must put all team in place, make the due diligences they want and close and announce the results in few days,because at that stage looks that is a full audit process after so many weeks...
ASIC like always low level of competency... Too much blablabla and too less actions that really matters...
(when they will begin search the predatory action of short in the Australian market... With few dozens of milions you can kidnap at least half of the ASX 200.
Cato
SGH Price at posting:
$2.81 Sentiment: Sell Disclosure: Not Held