Share
13,164 Posts.
lightbulb Created with Sketch. 1274
clock Created with Sketch.
04/06/18
10:43
Share
Originally posted by digga73
↑
Whats wrong it the system says its ok to rip people off that's why you haven't heard from ASIC or ASX. The question I'm asking myself is and have been for a long time now why don't I have ago if the system says it's fine it must be?
Some call it just business. Hmmm not sure myself I think its corruption and just don't think I could hurt so many people myself it's just not in me to be like that. The problem is it really isn't all that hard to do. So these so-called businessmen shouldn't think too highly of themselves. I have been following companies on here for years playing shareholders it amazes me how they can get away with it for so long. They sell a story that they have almost cracked it and they just need one more capital raising over and over again.
I could sit here and name hundreds of shares just like BIG but that would get my post removed and that wouldn't achieve anything but suckers vigorously defending those companies.
Its amazing you can break into someone's house do what you may, steel a car, carry drugs, do drugs and you are off to jail. But One person ruins peoples lives forever cons them out of every last cent so they lose their home take $200million away from hundreds of everyday families and the consequences are minimal. Hmm go figure is it because there is a conflict of interest with ASX a listed company overseeing the stock market I think so and it is wrong but nothing is done about it.
The ASX should be a not for profit organisation.
Expand
Hrm ... it begs the question, how many of the major stock markets are 'for profit' non-government organisations? Probably most I think?
Many would argue that other asset classes such as real estate and currency are not sold in a market controlled by the government, but there certainly seems to be much more government intervention in those markets.