AGO 0.00% 4.5¢ atlas iron limited

Ann: Redstone Notice Declaring Offer Free of Defeating Conditions, page-24

  1. 5,274 Posts.
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    Thank you moderator. Point accepted. Revised below:

    "we live in a well-regulated country"

    May I ask where were the regulators for sooooooo long before the banks got called out? ... as it seemed NOT by THE regulator ... but by perhaps some investigative journalism and others means!

    May I ask why on earth as BOD of AGO they would recommend a bid (by MIN) BEFORE evaluation would tell US the offer would not have been fair?

    I have been around long enough to know the BS that goes on in this game. I am a holder in a company which has had years and years of history of promising, changing projects, capital raining after capital raising so frequently that you think, "did they smoke it?", directors paying themselves and shareholders have got ZERO, ZILCH over years and years ... jut losing money and broken promises and well timed (or well delayed) BS announcements and falling for the capital raising ...

    I could be wrong, but didn't THE regulator itself get into some hot waters itself recently?

    IMO, the stock market is NO LONGER a "mums and dads" investment place because trust in corporate world has been lost quite likely because of lack of effective regulation. Sadly the "mums and dads" shifted their trust to finance managers who in turn have ... Ummmm ... where to start?
 
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