"nothing wrong about bad ethics in business, it is about making money" - wow, I suggest that ASIC would be very interested in any bad ethics in business going on - and if ASIC is not interested, then I suggest a coy's SH would be.
There is a world-wide problem in "the market", where if something is perceived as not strictly illegal, then it is legal. I believe it should be the other way around "if its not strictly legal, then its illegal". The problem is there is no ethics, where in fact there should be.
As for MEO, some are playing with it because there is little or no interest atm - maybe too many punters have gone on leave already?
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