Agree. If they had applied for an extension they would have to let shareholders know, if for nothing more than a common curtesy to holders!
I recently read a post on another thread that appears to have been somehow miraculously leaked to a regular poster (who we all know) it was a company announcement apparently written by a listed company and is yet to be released, if ever on the ASX platform, it was moderated very, very quickly as “posters own request”
It stated 2 things amongst a lot of bashing and blaming the ASX for the companies problems, rather than looking at the root cause of it’s problems.
1- ASIC has asked the ASX to get tough on certain types of companies.
(Which I believe)
2- The ASX stated they are not “the listed” companies lawyers and will not tell ((advise)) the listed company how to put a deal together, they will only tell the listed company if the proposed deal complies with listing rules etc.
(Which I believe)
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