lets bombard asic as a team, page-5

This is what should happen if ASIC & the Takeovers Panel from doing their job.

1. Put a freeze on the voting rights of all shares that have been transferred to Wah Nam illegally

2. Give BRM management four weeks to arrange an investor or investors who is willing to take up the shares at or above the VWAP of the last 30 days.

3. Ban Wah Nam and any associate from any takeover activity on an ASX company for the next 5 years.

Instead probably the best we will get is they are "monitoring" the situation. They probably don't even have the decency to order that any future shares are not transferred to WN by Associates.