Yes it is good re NSX support above.
I had wanted to post a msg on this off topic thread but posted on NSX instead - a rushed post.
It does directly and specifically correlate to ISX however - an excerpt:
"NSX--- -----if aiming to be a more equitable and trading platform would not need to try very hard to better ASX's track record of 'allowances' in the following areas:
* capital raising/share discounting
* share dilution
* permitting and allowing the consolidation of retail investors shareholdings once capital raising share issue avenues have been 'legally and financially exhausted'. e.g. ASX allowing companies to offer only 1 share for every 3 or 5 or up to X?000+ shares held.
Consolidation of shareholdings for retail investors only reinforces powerlessness/inequity and demonstrates the right that ASX has given many companies to pursue actions which decimate the shareholdings of non-wholesale, non-sophisticated investors. This is not in accordance with the authority ASX was granted [Act] which did promise that the ASX was also obliged to lawfully and transparently act in the best interest of all shareholders and companies listed on the ASX.
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Yes it is good re NSX support above. I had wanted to post a msg...
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