This idea is new to me, a Yankee. Why are Australian taxpayers asked to foot the bill to maintain public companies who have preferred and common shareholders (and bondholders?) It sounds naïve, but this is hard to comprehend; what's the payback for the citizens of Australia? How often and for how many companies does this occur? There must be a simple answer. Just curious. Americans would raise the roof and remember it on Election Day. An explanation to most Yankees would be appreciated.
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This idea is new to me, a Yankee. Why are Australian taxpayers...
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Mkt cap ! $136.9M | |||
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| ATH (ASX) Chart |