Caylus
Well-expressed!
IMO what has been allowed to happen to OZL - as well as many other ASX stocks - reflects very poorly on the ASX, our regulators & increasingly shabby looking rhetorical federal government. All of which suits short-sellers of course.
IMO our boarse has proven to be so vulnerable that it may be being manipulated for criminal purposes such as corporate raiding, money laundering etc. And with apparent impunity - heard of any prosecutions or actions of any kind in this regard lately? IMO our ASX is an international laughing stock [very sic]. Then again that is our market & we don't have to be involved!
When eventually the market turns & stocks look to shoot up the ASX will then become serious about its role & issue lots of speeding tickets - so much for fair & transparent trading conditions.
4YIO - NFA
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