GSW 0.00% 29.0¢ getswift limited

Ann: Scheme of arrangement - update, page-10

  1. 493 Posts.
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    I'm a huge GSW skeptic and even I'm annoyed with ASIC. I think GSW should have been allowed to completely screw the pooch by themselves; ASIC is ruining a perfectly good object lesson.

    Soon the final consequences of GSW spending money like a drunken sailor - and, for reasons best known to themselves, acquiring a bunch of other businesses that collectively are also losing money hand over fist - will become apparent. However, many will fail to grasp the lesson, instead deciding somehow all these genius-grade moves would have worked if only it hadn't been for SOCIALISM or some such nonsense.
 
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Currently unlisted public company.

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