Top 30 update, page-138

One swallow does not make a summer, this company has to prove it is advancing the project which they have failed to do for 6 months or more.

The Chairman mislead shareholders by not buying a measly few grands worth of shares like he said he would.

There are questions over the level that DMH will take their shares at and the associated dilution.

The update on the 29th of July was infact the quarterly report to the 30th of June so the company failed to release to a July update so much for monthly updates. I wonder if they will get the August update out?

Can anyone name a target the company has met?

The directors should be not receiving anything as they have put the company into stasis.

Remember that the 249d action which occurred once and was supposedly threatened twice was based on a lack of equitable representation, transparency, and corporate governance. When the Chairman had a chance to redress some of this lack of equitable representation he failed to do so. The company has failed to be transparent about who DMH is and did not present the true value of the egregious options they gave themselves ate last year's AGM. The company fails on all three important criteria that @adelaideoval laid out as reasons for the previous 249d action. So as far as 249d action goes this company is still vulnerable to the threat of future 249d action. What a parlous state to be in.