I’m sorry but something stinks here. Why has this revised policy come out now? Have the EOY auditors found something? What I noticed is that they have gone from allowing margin loans to banning margin loans using shares as collateral. Hmm… I would suggest people read Note 14 of this release. That seems to be the only material change in the policy?
If I were a shareholder I would be calling the company and immediately demanding to know if a director or executive has taken out a margin loan using shares as collateral and to confirm who is currently in possession of those shares. Then demand to know if those shares have in fact been sold.
I don't like it.
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Ann: Trading Policy, page-2
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0.6¢ |
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Open | High | Low | Value | Volume |
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12 | 18930749 | 0.004 |
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8 | 54240049 | 0.001 |
Price($) | Vol. | No. |
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0.007 | 36213349 | 5 |
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Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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