BIG 0.00% $2.22 big un limited

Latest AFR Article, page-133

  1. 883 Posts.
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    I am not here to condone the afr or any press for that matter, headlines in particular are there to get you to read the article which often proves vastly different to said headlines. However, whether you like it or not the afr have claimed big is reporting borrowings from third parties as receipts from customers.

    Although this is yet to be proved categorically if you read BIGs reponse to the asx aware letter it is a very high probability of being true.

    So let me ask you, how many of you that have invested in the company would have done so if you fully understood the big model? ......Probably none....well it should not be probably none it should be certainly none.

    people here are critical on non holders for rehashing things but the afr is a rehash as well so it's ok for bullish holders to rehash things but not for non holders........i think not.

    Make no mistake about this, if BIG have stated receipts from borrowing as receipts from customers on financial statements this is a criminal offense, its a criminal offense not by just the company officiers involved it is a criminal offense by the company and is punishable by large fines.

    Not only that, a class action is virtually assured.

    There will of course be certain people here posting bullish comments in the attempt to extract the highest possible outcome for thier exit when it relists. These are the guys that i find more offensive than anything that big has done. The dreamers who truely believe i will agrue against your position but you can be assured you will always have my utmost respect. However, for those that are ramping to sell i find you despicable, you are asking current holders or new holders to subsidise the loss on yoir investment.
 
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