Hi BlindmonkeyI wouldn't hold out much hope of an investigation...

Hi Blindmonkey
I wouldn't hold out much hope of an investigation by the regulatory authorities if there is suspected ill play.

They failed to prove suspected warehousing by Palmary when it bought Consolidated Minerals (http://www.highbeam.com/doc/1G1-170500763.html).

They failed to prove suspected warehousing by Wah Nam (WNI) in the takeover bid for BRM.

The problem is that overseas shareholders can just deny the accusation or just not reply.
Australian regulators need to be fairly certain of ill play before they can take enforcement action otherwise the Courts get involved.
That can be expensive and often embarrassing if the ruling gets overturned.

I would not be happy if someone was warehousing BCI shares to be able to buy BCI cheaply.

I would be as angry as the BRM holders are.

BUT having suspicions is one thing. Proving it is another.