In the past there have been HC posts pointing out this lack of independence.
Announcement after announcement from GCN has contained pompous sounding statements like SIS, GCN's financial adviser, has recommended . . . , or SIS has agreed to arrange listing on the ASX of Pharmasafe/PriorityOne/FirstMongolian, etc..
In the past it has also been pointed out that these announcements could have avoided hiding a potential conflict of interest if they had read Richard Li of SIS has advised Richard Li of GCN. . ., or on behalf of Richard Li of GCN, Richard Li of SIS has agreed to arrange the listing of . . .
Offhand I can't remember whether GCN paid SIS for its services. What I do remember is that SIS was not successful in getting any of the above companies listed on the ASX.
- Forums
- ASX - By Stock
- GCN
- Ann: Response to Appendix 4C Query
Ann: Response to Appendix 4C Query, page-21
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GCN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online