A piece on the ASX in the Sydney Morning Herald today on technolgy stock listings

Its a tale of woe, as you can probably gather from the headline: Suckers suffer as ASX tech push turns sour

I was particularly shocked by this:

  • there were also reports that social media was being used to pump up the value of small cap stocks on the ASX
  • and that the corporate regulator was investigating whether the exchange was being used by criminals to launder money

Shocked, I tell you!