Non-sense89 -
Explain S66 and JAT to date when you can. Refer particularly to S66 and their quarterly reports (complete lack of) and inordinate advertising/marketing costs to date since IPO plus unannounced acquisitions. Then visit their website - find a contact email address or telephone number.
As for JAT, look at some of the queries HC posters sent to ASX and ASIC re one of the directors a year ago. Also, look at how JAT are spending investors' money and over time, what returns to shareholders and what has the share price done in the last 12 months?
I don't hold either company but am using them and a few other companies as an example to demonstrate/contrast ASX's lack of interest in Chinese backed ASX listed companies and other 'sc-ms'.
The Australian newspaper investigated a few Chinese IPOs some years ago - 2012. ASX have not implemented any measures to ensure the same misuse of IPO and/or Australian investor funds does not reoccur.
There are others I could list. These are the easiest for you to research and report back on given your statements above.
ASX are only investigating ISX due to the selective distribution and unverified/unsubstantiated contents of the OM report of 10 Sept 2019. OM wouldn't haven't the courage to report on a Chinese controlled ASX company. Likewise 'others', don't dare question the Chinese e.g. Shapiro. BAL were never granted their Chinese SAMR. What happened then? Source: Chemlinked.
Why have ASX singled out ISX? Not others?
- Forums
- ASX - By Stock
- SP1
- Ann: Response to ASX Query Letter
Ann: Response to ASX Query Letter, page-249
-
- There are more pages in this discussion • 187 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)