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Questions to Management - What is going on? Official., page-136

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beisha

5,702 Posts.

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18/09/19

13:18

Post #: 40466787
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Originally posted by ozblue: ↑

What I find most interesting is that what started out as an exercise in getting some written information has ended up being an off the cuff telephone conversation.

Anything in a phone conversation is of course heresay, but of course this one seems to be peppered with 'confidential' information that the caller cannot talk about .

@beisha you have to be kidding that they would tell you some information that could not be put in an announcement. If it was so, then that is incredibly unprofessional.

My experience from other companies is that if they are not prepared to put something in writing, the original purpose of this exercise, then it is not worth considering.
A classic example is over at CDU where lots of separate shareholders were told all sorts of good/great info, but most of it was proven false over time. They had a habit of not putting things in writing and of course quoted undue scrutiny from the ASX.

The excuse for not answering your email, by itself raises red flags to me. If I had been on the phone, I would have told the company secretary that I was sending it again immediately, and I'd like the questions answered as it was a collective effort from more than just one shareholder.

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Look I share your point to a degree, however WFE are trying to play by the book imo, Michael Fry didnt tell me anything sensitive, he just asked me to refrain from revealing anything to the social media due to close scrutiny from the ASX, he doesnt want anything revealed before coy announcements, which is perfectly fair of course.

I wish to keep his contact in good graces for future conversations, sorry if that frustrates you OZ.

Thats why I encourage yourself or anyone else to contact Michael Fry with any questions you may have, dont take my word for it !!!!

AIMHO

WFE Price at posting: 2.4¢ Sentiment: None Disclosure: Held
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Questions to Management - What is going on? Official., page-136

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