Why wouldn't ASX suspend WBC and make enquiries?
There are grounds for suspected disclosure and governance issues. Especially when the top brass say they are unaware and crap like that.
ASX suspension does not stop daily operations of a listed company as evidenced by ISX, so it wont bring the financial system in Australia to it's knees...
Reaching 20% drop in SP since the findings demonstrates volatility in trading, especially that of a blue chip company with a huge array of shareholders that need protecting, don't they?
Are they not allowed to make findings of rule breaches in blue chip companies the size of WBC?
Why wouldn't ASX suspend WBC and make enquiries?There are...
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