I see you've adopted the ASX SOR approach to setting a sub-par standard. Not unsurprisingly.
You obviously have never had to make a serious business decision in your career pal. Idealism is for puritans without a shred of executive experience. Lets just call that a fact that can be pinned upon your chest so when people read your posts, they can place them into the right context.
The board simply concluded a pragmatic approach to the future of the business made more sense, because the ASX would have delayed (as they had), appealed, obfuscated, burnt sizable amounts of money and tied it up in the courts for years. Its an established legal tactic employed by big business pal!
Surely you and your over zealous goons aren't so naive to think it doesn't exist. Du Pont, 3M, VISA, Union Carbide and a multitude of others longer than the total words in your vocabulary have used it. Wake up, this isn't play school!
The decision was the right one, because now the board and business can focus their energy on building a business in the EU and UK as they are doing and generating revenue and profit. The astute business decision is paying off. Should they have engaged ASX in the first instance, probably not given what was obviously going to be a sh!t show.
You guys are just peeved you need to stick around on these threads for years to try and kill off what you thought would be terminated 4 years ago. That's obviously an upside shareholders, but the downside is they have to listen to the mundane guff and whining on a daily basis on 'forever replay'.
- Forums
- ASX - By Stock
- SP1
- ASIC v ISX Hearing
ASIC v ISX Hearing, page-2525
-
- There are more pages in this discussion • 1,079 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)