I have never found Asic to be other than useless in protecting investors from corporate scams.
Its role is to be a companies regulator.
Its Chairman has stood aside today after allegations he and his deputy have had their heads in the trough...
APRA has failed to protect investors and superannuants over many years.
A Royal Commission recently reported this.
APRA today agreed they were a failure.
Yet they are allowed continue their muddled ineptitude.
From failures over 20 + years including Storm Financial and lack of Banks'...
When I calculate Reward:Risk Ratio. I always stuck in how to figure out the target price.
For example, look at this chart.
1. entry from pivot low at 7.1
2. placed sell stop at 5.9 (under pivot low)
3. my Risk/Share = 1.2
4. Identify target price. Here comes the...
Always have been a swinging voter ..... always will be.
This time I'll vote Labor only because Sophie Panopolous is my sitting Liberal member and I wouldn't give her the steam off my vote if my life depended on it.
That aside, when is the Labor Party going to sort out their mess? They are...