Finally, someone with something sensible to say...
Whilst I welcome adult conversation, I cant agree...
WBC had 100% of their shares under direct investigation by the Courts, AFP, the Senate, and ASIC. No trading suspension.
Guess what? 100% of their shares were found guilty 29 million times. And still no suspensions.
Im afraid the issues at play here are far more cynical...
1.ASX rely on the big boys for survival in so many ways.
2. ISX is a serious 'potential' threat (albeit in its infancy at the moment) to the status quo which keeps the old boys on the gravy train.
This whole saga, whilst maybe initially begin as a genuine request, has quickly deteriorated into a desperate struggle for self preservation and a macho ego comoetition to see who needs to stand further from the urinal when pissing.
ISX Price at posting:
$1.07 Sentiment: Buy Disclosure: Held
