Surely there has to be accountability into the mass absorption of shareholder money while producing absolutely nothing of relevance toward a saleable product. When a company is listed on the ASX it has to have grounds for being or attempting to be a profitable company, they have raised money at various points in time with announcements with descriptions of intent but haven't hit the mark on many (~90%) of occasions. So surely there is a point where the ASX and ASIC should have stepped in to prevent SHs from blatant manipulation and what I would consider fraud? Is there no grounds there? Surely old announcements vs actual targets being met would be enough would it not?
BIT Price at posting:
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