ASIC new boss Joe Longo didn’t comment on short selling,but did flag some major changes for the advice industry at his maiden appearance before a government committee.
Rural Funds Group has been awarded costs and damages totalling $900,000 following last month's courtroom victory over Texan short-seller Bonitas Research.
Rural Funds Group's founder says its battle with short seller Bonitas Reaserch isn't over yet,as it booked a lift in earnings and distributions for the December half.
Texas-based shortseller Bonitas Research hit back at a scathing court judgement which found that it made false and misleading allegations against Rural Funds Group labelling the judgment"procedurally and substantively infirm."
Rural Funds Group shares have risen after it achieved a comprehensive legal victory over Texas-based short-seller Bonitas Research.
Bucephalus Research has launched a fresh attack on short-seller target Rural Funds Group which drills down into the accounts of its privately owned responsible entity.
Texas-based short seller Bonitas Research has threatened Rural Funds Group with a defamation suit in the US as their verbal stoush continues.
The founder of short seller target Rural Funds Group,indicated that it has grounds for legal action against its latest nemesis Hong Kong-based Bucephalus Research.
Short selling target Rural Funds Group traded blows with the latest research group to claims its ASX-listed property trust business is worthless.
Short seller target Rural Funds Group (RFF) has gained a second nemesis with a Hong Kong- based group alleging it is worthless.
A court battle is set to begin this week between ASX-listed Rural Funds Group and the short seller Bonitas research which says the real estate investment trust which owns more than $900 million worth of agricultural assets is worthless.