Vomit

Like the old dog I am, I keep returning to my vomit just in case theres something to lap up.

Theres nothing, of course.

I always thought the ASX was not only conflicted (a publically listed company policing listed companies) but is pretty useless unless you are a normal operating company. Take WCC. Its a public company, but as soon as it suspends itself all the checks and balances required of a listed company disappear and it essentially only needs to operate under the Corporations Act. A simplification, maybe, but WCC holders are left completely in the lurch: no market to sell their shares, no ability to write off the investment, no recourse to a higher power to see what the hell is going on.

I'm not in denial, I know this company is shot, but for Pete's sake, put a bullet in its head and lets move on.