The way I see it, all these companies have good track record before they list on the ASX. So its not like they suddenly hit a road block and perform badly after listing?? Just doesn’t make sense, most are still performing.
Regarding, possible scenario of fraudulent?? These companies didn’t actually raise much money listing in the ASX.. so its unlikely they get listed on the ASX for the purpose of scamming Australian investors. On the contrary, these companiese have seen multiple of their value evaporated since listing..
Which bring me to my conclusion: The market is temporary wrong, in due course over a longer period. The market should and will assign the right price… Illiquid, and lack of trust in management and lack of dividend are to blame. These are short time blip, most of these companies is profitable and performing. No reasons for their low price.
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The way I see it, all these companies have good track record...
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