That which is espoused is so Australian and how the ASX looks at businesses on its bourse. What worked 20 to 50 to 100 years ago, big banks, big telcos, big retail/ "grocers", the old serum lab or biopharma and then nothing else. OMN might not work in Australia based on the cynicism of the "capitalist" system there.
In Australia, no governance, risk and compliance to speak of, almost like in 1788, well almost?
Market confidence like the red balloon in a Stephen King horror movie. Market manipulation, trading patterns like the fractile bullet theory in the President Kennedy assassination.
On the NYSE or NASDAQ, u have the Apples, Microsofts, NetFlix, Google (Alphabet), new companies that were not even around 2o years. In the US and London, governance, risk and compliance everywhere.
Market confidence paramount, no market manipulation or suspicious trading patterns abound?
If the world mean reverts to the past, ASX will win. If humanity and capitalism goes into the future, the NASAQ, NYSE and LSE will win.
Your money, your investment, your choice? OMN would be better treated on a better bourse.
That which is espoused is so Australian and how the ASX looks at...
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