While the asx is operating in the best interests of shareholders...ie to see that the information is not misleading and foreward looking statements can be justified. It is going to be a deterent to companies listing on the ASA Because of the red tape....Also since the GSW and BIG issues, there have been minimal updates or forward looking statements from spec companies. The game now for us humble retail investors is to wait for the 4C's and read between the lines. I expect there will be minimal non asx formal information akin to the Buddy Connect roadshow.
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