GFS 0.00% 0.2¢ gasfields limited

Ann: Raven to implement Californian Natural Gas growth strategy, page-57

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  1. 2,258 Posts.
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    Regardless whether any holders here believe this is all above board with perhaps a little too high "director fees" the one thing we know is that we have been locked out continuously for a long time now with not even a few days to buy in or sell out and that in itself is concerning; the only possible other answer is equally bad in that the management cannot nail down what they are working on and keep promising that negotiations are being finalised. This can take many months/year or longer but keeping the halts on indefinitely smacks of bad process as SH's are locked out so they are prevented from selling out IF they think something is sus and be safe even if wrong. Choice is not there. Surely the ASX has different levels of concern too and can ratchet up to a DEF con 4 !- at least you cant look back on that mistake..

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