AB1 Share Price update, page-651

I sold my shareholding after the AGM late last year. They conducted an AGM webinar in which an AU domiciled director and company secretary (also acting as temporary CFO) appeared from a bedroom somewhere in Melbourne! At that meeting they promised a set of audited accounts would be produced by April 2022. Still, to this date, no such accounts have appeared. What sort of governance integrity does that suggest for a multi-billion$ company? The fact that the company is essentially run out of a head office in HK----now for all intents and purposes a police state---is another reason to be very concerned.

I have no doubt that several shareholders lodged complaints with ASIC about the company flouting AU laws, some time ago.

The company will no doubt soon be de-registered as an Australian entity.