@tbirdsrgo; many years ago I undertook training in CFD trading and listened intently as particular firms were very highly recommended for trading purposes. In one famous case that firm went bust and so too many people who'd gone along for the ride on the back of that advice.
Rampant and unchecked insider trading, predatory short-selling and the complete lack of transparency which now define short-selling in Australia are diseases which undermine confidence, destroy high quality businesses and enable countries like the US and the UK to pay peanuts for what they want from corporate Australia.
As for all those companies which get money from shareholders, go belly up only to be reborn under a new name .... it's truly sickening to note just how many ASX listed companies from just ten years ago no longer exist, or do they?
Now look up just how many pollies have directorships, are associated with companies or do so soon after quitting Parliament - Australia has degenerated into one of the most corrupt countries on Earth.