By Ben Turney | Saturday 15 August 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The FCA now has two reasons to call its colleagues Down Under, at the Australian Securities & Investment Commission (ASIC). First it might like to suggest that perhaps the Australian Women’s cricket team should represent the country in the next Ashes series. Based on recent form, they will certainly offer a greater challenge than their male compatriots. Second, after we pointed out the odd issue or two in Black Mountain Resources’ (BMZ) planned involvement in a so-called subsea salvage operation to retrieve >$1billion worth of lost war gold, perhaps the FCA might like to find out how serious the Australian authorities are in policing their small cap market and protecting British Private investors.
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