I am fed up with this corrupt system. ASIC needs to actively watch companies that deliberately dilute companies to purchase from the hands of mum and dad shareholders or small investors!
I believe it is a corrupt system where the rich get to squeeze control.
In the case of forced selling because they want control, not helpful. Management have a lot to answer to, you have to wonder to what end was gained?
https://www.copyright link/companies/media-and-marketing/uk-based-company-acquire-struggling-isentia-20210615-p5814l
"Isentia Group listed on the ASX in June 2014, splashing millions for content marketing firm King Content a little more than a year later, when Isentia had a market capitalisation of about $680 million."
This has been a 5 year goal for Access Intelligence IMO, don't be so naive ASIC, whoever they have been feathering should be accountable. $4 a share should be the aim not a crap offer of .175 cents!
Let's look at management and scrutinise these losses at a time we should be flying!
https://www.asx.com.au/asxpdf/20140605/pdf/42q1hcp2k3zsyf.pdf
This stinks of corruption IMO! Meltwater or others might have a better offer?
