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06/10/21
23:20
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Originally posted by Gwaihir:
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The ASX has always been corrupt and contaminated, that has always been a given, and no government has ever wanted to clean it up, or make it fair and equitable, they prefer for it to be self-regulated, and yet the major problem with that is this. Who controls the ASX? It is the banks and the billionaires, and they will never have any inclination to make the system fair, not while they can rig it completely in their own favour and forever get away with it. The ASX is private, so those who pay it the most money, are given an almost criminal advantage to exploit the rest of society. This is why a stock exchange should only be owned by the government, and never be in privately controlled billionaire hands. It's a rort that permits white collar crime and corruption of the highest order, thousands of times every day. Has the crime and corruption commission ever done the slightest thing to investigate, has it ever looked at what every algorithm does, has it ever even looked at the physical positioning of the ASX Servers and who is permitted to trade via the closest Servers that are actually in the same room with the ASX Server - and there are a million other (apparently legal) corruptions within the system. It would make a great PhD for someone, only I think it would take a very brave academic soul to take that on, because more than likely they would end up wearing cement tennis shows and tossed overboard from a billionaires yacht somewhere between the Southern Ocean and Antarctica. Waiting for the capital raising price now, and doing nothing until the announcement. Gw
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thats why take profits while you can.