I'll admit, it became a hobby. A light entertainment after a...

I'll admit, it became a hobby. A light entertainment after a hard day being old and retired. And only one.. Magnis. I wont go into why I got interested 7 years ago but it is a prime example of a lack of governance and control. Not just Magnis but the whole cowboy asx. We take the particular and then we generalise, Inductive reasoning a poor cousin to deductive. Inductive is how we work our days. Magnis is and always was a basket case, I'm sure there are a lot of others. The fact it went on for so long with so many lies is a testament to a broken system. Punt if you want but dont beleive the announcements allowed by the asx. Is it better at the big exchanges? I dont know. I doubt any of the punters will get their money (or part of it) back. But this kind of rort needs to be better managed and controlled by the people who host it. The asx.