https://www.copyright link/news/the-paladin-affair-follow-the-money-20190221-h1bjju
Those of you who followed the BIG (Big Un) fiasco would have remembered Jonathan Shapiro , the AFR investigative journalist who helped blow the cover on its fraudulent practice that subsequently led to the demise of BIG...now he is hot on the trails of a potentially explosive scandal awaiting the Government- the Paladin affair and you can read all about it in today's AFR and the link above.
SO what has this to do with the sharemarket? The centrepiece of the BIG and now Paladin saga is around the person or persons behind the company. In each of these cases, integrity had been a big issue - so when management has an integrity or trustworthiness issue, shareholders should not be just taking it in the chin and do nothing other than whinging day and night when their stock price continue to decline. Sadly this is what makes domestic violence- women who have been victimised continue to keep mum and stay in denial- until the day of absolute reckoning. When you are faced with doubt especially in relation to management integrity issues, you owe it to yourself to delve in deeper like Shapiro and make a quick decision to exit before the market finally catches up with the truth and the horses bolt the barn..losing your shirt is better than losing your entire wardrobe.
- Forums
- ASX - General
- Its Over
https://www.copyright link/news/the-paladin-affair-follow-the-money-2019...
-
- There are more pages in this discussion • 72 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)