Petition updateStop dishonest practices on the Australian Stock Exchange and demand a Royal Commission.The simplest way to understand what is wrong with the ASX
Ben PauleyPerth, Australia
14 Jun 2020

Super Funds lend shares to short sellers


Short sellers drive down share price

(often using algorithms to illegally manipulate share price)


Private Equity take over the companies that have heavily reduced share price


Administration companies make sure the favoured private equity firm takes over fallen company 


Private equity company relists the taken over company on ASX


Super funds invest in relisted company knowing fully well it is not good value


Super funds again lend shares to short sellers


Repeat, repeat, repeat

When I mentioned the whole cycle in my video on Virgin Australia, I mentioned three companies KKR, Bain and TPG.

This happens all over the world

https://timesofindia.indiatimes.com/business/india-business/kkr-bain-tpg-eye-cafe-coffee-day-holding/articleshow/72063141.cms

https://www.youtube.com/watch?v=JmSrVjRPo7w

Am happy to hear from anyone (except from private equity lawyers) at devinechanges2018@gmail.com

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