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Today in History: UT saved Ofori-Atta’s company from collapse, gave Akufo-Addo loan – Amoabeng

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Comment: Revocation Of Licence To A Public Quoted

Author:
Aliu
Date:
2021-09-27 18:16:15
Comment to:
Today in History: UT saved Ofori-Atta’s company

I don't understand why the Government has to interfere with a company that is quoted on the Stock Exchange. This does not happen in a civilised country. The share holders decide what happens to a company quoted on the Stock Exchange. I have invested in a few companies that have gone down on the London Stock Exchange and on Nasdaq.

If there is a run on the share, the company can suspend trading on the shares while they arrange for loans through extra share issues. The Government has No Right to interfere in any businesses unless it owns shares in the businesses! Even if the business is a Ponzi one.

When the investors cannot recover their investments, that is when they get the Authorities involved! Investing is a risky Business and one should always make sure that the business is authorised and regulated by the Financial Authority. If not, you are Risking Your Investments!

Somebody should take them to Court in Ghana or Abroad! Abuse of Rights here, I can see!

Regards

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Aliu on Sep 27, 2021 18:16
Revocation Of Licence To A Public Quoted