Everything that is wrong with investing right there - we pour our money in to enable these businesses, they are mismanaged and we lose the lot, only for venture capital (etc) to swoop in and ‘save the day’.
ASIC should be banning any directors who pull this kind of shonk. Maybe they have / will, can’t say I’ll be reading the announcements.
Can anyone give me a quick answer on projected date of the RE-shuffle - I’d like to at least apply the loss this tax year.
the BoD can lick my b@lls.
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