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i would say that 95% of companies listed on the ASX are...

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Rexy789

3,473 Posts.

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18/04/24

15:20

Post #: 73409493
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Originally posted by Endless: ↑

Plenty of coys on the ASX have never made any revenue for decades and yet manage to raise hundreds of millions of $$$s from investors. There's obviously a scam involved.

We are mostly looking for the scraps off this table.

It's a dirty job but someone has to do it.

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i would say that 95% of companies listed on the ASX are technically trading as insolvent , the only thing that keeps them afloat are capital raising and placements , if they had to raise funds through banks they would be broke within 12 months
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