IMO,some foreign companies lsted in ASX have huge debts and...

IMO,some foreign companies lsted in ASX have huge debts and never made profits or evenif made profits usually pay low dividends or do not pay dividends.
They just take money from Ausie investors and share prices are less than IPO prices.
Major shareholders who are usually CEOs in the companies do not mind the share prices.
IMO,foreign companies should not be allowed to list in ASX ,if they have huge debts or they usually did not pay dividends or their dividends payout rates are less than half of profits.