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Ann: ASX Update on Suspension, page-94

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maxybro

2,702 Posts.

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30/04/20

20:04

Post #: 44365036
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Originally posted by aes411: ↑

If you feel no sympathy for shareholders who put their hard-earned money into a business they researched and found OK with the limited time and resources they had, and having relied on the actual parties who FAILED to do their jobs correctly in the first place (talking aboit ASX, ASIC in particular) deserve to lose their money then it is you there's something wrong with.

You've said:

Happy that the system works, because the ASX, our financial media, ASIC, the courts, and even the HotCopper forums, did their job and exposed aforementioned bull$h1tting spivs;

But you're wrong. The system doesn't work. Thats why we are in this mess. This issue was (supposedly) given a pass by ASX and shareholders in the past and all parties decided to move on.

The only thing that works is that a short seller when MOTIVATED ENOUGH will be able to dig up dirt on virtually any public company for his own gains only. And if you think for a second that's wrong, think about the big 4, think about foreign giants milking huge profits and declaring very little tax and so on.

How does it make you happy to even post something like this?
Oh I get it, you're not a shareholder...

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Regulators can't guarantee investors will not make bad investment decisions. The person that presses the buy/sell button has the ultimate responsibility.

ISX Price at posting: $1.07 Sentiment: Sell Disclosure: Not Held
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Ann: ASX Update on Suspension, page-94

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