Gday Fred
Quote:
It seems whoever bought into the IPO and afterwards simply didnt do due diligence.
Technically, IPO fraud cant occur without lots of people ending up in jail.
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Agreed, but not many ever end up charged, let alone get convicted.
However, this thread isnt really about the people who "invested in the IPO" ( supposedly after doing due diligence research) in the hope of making a profit, its about how average mum and dad peasants can walk into a retail store and buy a product, and still get fleeced along the way, and the legal system doesnt give a rats about them.
Andrew