'The company was once valued at more than $2.4 billion; today it...

'The company was once valued at more than $2.4 billion; today it is valued at $480 million.'

There has been a raid and a masacre of the shareprice because of debt.Loss of confidence in our cos our country our system.
The assests held had not been destroyed just your confidence in them.
I read on a investment thread stating that a company holds margins over 150 Australian Companies !!
Could someone please grasp this reality and deal with it.
OR will we easy going Aussies just stand around the bar blaming everyone while this happens 149 more times.
Poke fun at the high flyers and feel just while they have to sack workers.
It is going to happen, this implosion again and again.
Executives who thought that they were being "loyal" and bought beyond their capabilities will be dragged through the mud but the raiders will still ride out of here with their $ and probably buy Australian assests at firesale prices.
Time for the activists to take aim and stop the rot for everyones sake.
Thanks for the info Steve but theres more much more that you can do..Help everyone cos we are all the underdog in this situation.Help the companys recover with a new insight.
I dont think I want to read the Peacock book though.