HML 0.00% $1.99 henry morgan limited

Ann: Corrective disclosure and update, page-33

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,524 Posts.
    lightbulb Created with Sketch. 35
    OMG. Try answering the question and do yourself a favour.

    What part of the new disclosures gave you comfort and confidence to continue to hold or buy more shares? Seriously, what part?

    Was it the bit where ASIC found that numerous statements they have provided to the market have been misleading. Those guys at ASIC are just bullies right. They don't understand or appreciate the financial wizardry involved.

    What about the bit where ASIC said they were provided no evidence that the board had even considered let alone approved 42 store rollout of their FX shops but the company made an announcement to the ASX saying this was the case. How could this even happen? Did management have a dream overnight and decided to release details of it to the ASX the following morning?

    What about the bit where ASIC say the JB Financial revenue forecasts were clearly not in a vicinity of what had been published and said they were misleading (which HML now agrees with)... Just another administrative oversight?

    Based on the information released I'd be surprised if ASIC don't censure and fine HML's management.
 
watchlist Created with Sketch. Add HML (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.