My point of view
I think that the retailers association and the business council of Australia , should start writing to the retailers and letting them know how bad and volatile there share price is , given the fact they are paying , correct me if i am wrong a 4% fee on all the transactions. That does make them a stakeholder right. They should be made aware of what's going on IMO.
The retail investor is getting shafted with the share price and the retailer is getting shafted IMO with the fees in the fear of missing out, mean while the board is rewarding each other with performance bonuses.
On one had they are telling every one credit cards are bad and that banks are acting in a predatory manner and yet they are now doing that to the retailers in the fear of missing out on customers. Further more, you cant be preaching one thing and then have banks who make up the majority of your share register.
If you going to preach about ethics , then you better start walking the walk guys and stop supporting the short narrative
Can we zip it , yes we can .
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