Mark Daly

@markd12.bsky.social

M
M

But therein lies the fallacy. Shares bought on the sharemarket do not result in those companies receiving any funds. The company only receives money upon an initial offering or a subsequent capital call up. On all other occasions the funds go to vendor of those shares.

Tony from Welly@tonywelly.bsky.social · 5d ago

I'm not surprised our NZX is doing so poorly when NZders invest in overseas companies instead of NZ based companies. Our mindset should be making NZ companies successful and everyone working not other countries wealthy and NZ losing jobs. 🤦 www.stuff.co.nz/money/361023...