Yes, they had a clear responsibility to their shareholders and the broader market to provide an explanation and, if necessary, request a trading halt (TH) regarding the missed TEG payment. Similarly, the ASX has an obligation to investigate significant trading volume spikes compared to averages, regardless of whether the share price increases or decreases. The handling of this situation is utterly unacceptable. Attempts to contact anyone associated with the company—brokers, new directors, or even Brad himself—have been futile, as no one is answering their phones. This has completely eroded my trust in the company across every aspect of its value chain today. I am sure I am not the only one.
PGY Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
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