AN1 0.00% 0.8¢ anagenics limited

Ann: Suspension from Official Quotation, page-105

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  1. 11,703 Posts.
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    Another very big concern is whats happening behind the scenes.

    The capital raising term sheet provided by Evolution to S708 investors has been misrepresented and were misleading. This is one of the worse commercial mistakes any business can do. The market regulator and/or S708s will be looking into this and be sure if CDY survives to the next raising there will be no S708 to provide further capital.

    There are some S708s who are very peed off with what has eventuated and some may request for a refund if not legal cases might be progressed with CDY
 
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