SP1 0.00% $1.07 southern cross payments ltd

This statement is false."Crown and WBC faced very damaging...

  1. 409 Posts.
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    This statement is false.

    "Crown and WBC faced very damaging public inquiries and/or admitted fault, and by all accounts have kept the market informed and complied with continuous disclosure. This is the key reason ASX did not act."

    WBC was given the opportunity to come clean several years before their disgraceful behaviour become public knowledge, or more precisely for this topic, the market was fully informed. Disclosure never occurred proactively until the Royal Commission forced it and only after numerous attempts in parliament to force the Morrison government to establish the RC.

    Despite WBC knowing they had non disclosed trash hiding in the woodpile that would be forced to the surface, they never disclosed to the market before they undertook that 'infamous' capital raise.

    Crown on the other hand, has been given state government assistance to hide their crimes. Vic politician's with vested interests appeasing one of the largest employer's in the state, axed regulatory budgets, diluted enforcement and redirected resources to menial tasks and away from their constituted activities. The shadow men and their games. Familiar?

    It took the collaboration of real journalistic effort in conjunction with normal people with integrity to force their specific crimes out into the open.

    The short story, is each was forced to disclose, after many years of knowing they hadn't. There was never a Mary Poppins moment. WRONG!

    Not only are you wrong in absolute terms, but you advocate as a proxy for this sort of criminal behaviour. Behaviour which is clearly abhorrently anti-social and cuts at the good fabric of families and communities.
    Last edited by MSQ9: 31/12/21
 
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