BCB 0.00% 5.4¢ bowen coking coal limited

The problem, I think, is a conflict of interest. On the one...

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    The problem, I think, is a conflict of interest. On the one hand, brokers such as Shaw’s present themselves as objective, independent analysts of companies and their prospects; at the same time, however, they are often touting for business with the same companies whose operations they analyse. Shaw’s have been involved, for example, in a string of capital raisings for companies that they analyse (and effectively promote). The conflict of interest is pretty clear — and certainly problematic.
 
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