''There are good and bad international companies going to Nasdaq, but only bad companies go to ASX because our listing standard is very low. The same goes for Chinese stocks. Alibaba goes to Nasdaq. We get the orange farm (can't recall the code). The track record of Israeli companies on ASX is as bad as the Chinese ones. I only trust Aussie founded companies (but good ones are staying private these days, like Canva).''
Spot on Danny...perfectly summed up
The ASX is so addicted to revenue and all their laws ( or lack of them) promote insider trading and stock manipulation...it's a completely crooked organisation. Because they just want fees, they will let almost anything list...the ASX is awash with lifestyle funding garbage
Where I will disagree is about trusting Aussie founded companies...many of them are as crooked as any other
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