Given that HML sent the document to the ASX/ASIC for their approval (which is not their job anyway, no other company runs their documents past regulators before being issued), it's a bit ripe bagging them for not responding immediately. Most companies get their lawyer to prepare the document, the Board approves it and it's issued! But HML always pushes the boundaries too far, as does JBL.nsx. There was no on-market buy-back undertaken by JBL on the NSX exchange; no bid listed to buy shares at $2.05. The ASX asked this and got told HML "is not aware of the contents of the NSX trading records". Another smart-arse responses when the companies have common directors.
There's an old saying "those who can do, those who can't teach" - back to University lecturing Stuart and John McAuliffe because you're not hacking it in the real world.
- Forums
- ASX - By Stock
- HML
- Ann: Update on JB Financial Group transaction
Ann: Update on JB Financial Group transaction, page-5
-
- 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 HML (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online