Those expecting relief from ASIC are likely to be sorely...

Those expecting relief from ASIC are likely to be sorely disappointed.
ASIC and the other federal financial regulatory agencies viz ACCC,APRA,AUSTRAC have been systematically defunded over the past 25 years.
This was a result of the conscious but unwritten decision of the Aust Govt to totally deregulate the financial services sector.
The govt has fiercely resisted extending the AML laws to the real estate industry despite the urgings of the IMF.
ASIC itself is a shadow of what it was just 25 years ago and has lost the bulk of its investigative and auditing capacity.
A series of redundancies resulted in the load falling on the rest of the operatives leading to them leaving as well.
Managers would prowl around the workplace demanding more from less, leading to a total collapse in morale.
You are now left with a top heavy superstructure of PR and marketing types.
The captain and his henchmen are partying on the top deck while the engine room below is unmanned.

This has given the green light to rampant scams and market manipulations.
The wild swings in KCN indicates something similar is afoot.
But there is a way to beat them.
It involves dogged persistence, nerves, and staggered buys.
I used this technique with another stock.
Took me three years and thanks to my db income stream walked away with a mid six figure gain.

The West has prospered on the back of the independence and integrity of it's institutions.
These are being systematically hollowed out.
Maybe Putin senses this and may be shrewder than we think