1MC 20.0% 0.3¢ morella corporation limited

Next shipment, page-221

  1. 4,138 Posts.
    lightbulb Created with Sketch. 1404
    The company does not need to announce every time a shipment leave port because it is superfluous in regards to the ASX continuous disclosure rules, because the company has said it will report quarterly.


    You see the disclosure has been made that product is moving out and that it will be reported quarterly. Nothing more is necessary from the company.


    It would be administratively ludicrous to expect the company to report every departing shipment especially if someone stuffs up and a mistake is released inflating the number of shipments. No it is just too dangerous and unnecessary to announce every shipment.


    All this is my opinion.

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