I don’t think shareholders like myself are dumping all blame on regulators but they’re obviously more culpable than the shareholders they’re punishing, management are ultimately responsible but they too get paid & a pass to move on. The one innocent party are shareholders yet we’re the ones carrying all the costs…. All the more insulting given the circumstances, it only reinforces my belief theres a minority of insider parasites that thrive feeding on us sleep walking outsiders
Talk off selling assets off at bargain basement prices is ridiculous & bordering on criminal, these are some of the best real estate in the world with profitable businesses attached even after the mother of perfect storms, why the f would we sell at a 40% discount to assets with everything else thrown in for nothing??? So what if we lose the Sydney license, it’s already being valued as zero anyway
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