good straight post BB.
for those who don't understand why it's called 'playing ASX', this is from delisted.com....
Business failure also lies behind many "changes of activity" where companies fail with one activity and formally adopt another. Sometimes a change of name reflects an attempt to disassociate from past failures. Both are classic cases of failure masked by events other than a delisting. The share price usually reflects these failures.Many small companies fail and actually go into administration, where they are reconstructed and recapitalised. They later emerge with either the same name or a different name. If not delisted, there is hardly any sign of the failure. Only the shareholders concerned are painfully aware. Their capital has been savagely diluted and their shares are practically worthless.
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good straight post BB.for those who don't understand why it's...
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