Changing of Stock Code

This and placements are the most irritating and unfair features of the ASX. When codes are changed, the history appears to disappear. You have very little say in it, just like for remunerations. Companies should leave their names for historical reason, changing it is only a PR exercise, often expensive and futile. BHP is still "Broken Hill Propriety" but abbreviated.

With CNL, at least it was making a paper profit for me. Changed to Celamin from Victorian Gold. While it is now interested in phosphate in Tunisia, it still has gold tenements.... in Victoria.

And of course, placements only reward the companies' croonies and its broker's. And guess who has also got a placement going on at the moment... CNL. It was making me a profit until the placement. I bought it just before the placement. Fuck!