Improving shareholder communications, AuStar Gold, page-23

For me it’s not about massaging the crowd it’s about following the clear intent of the rules for an ASX Listed entity. The Listing Rules require continuous disclosure to the market to all potential investors. There is sufficient scope for Directors to continuously review HC posts, in fact a duty to monitor and clear up misunderstandings or misleading information in the public domain by providing factual statements via the ASX announcements platform.

It is entirely against good governance principles and Listing Rules to provide said information to a select group. Information shared to only HC answering questions to only supposed anonymous shareholders is completely against the intent and letter of the law under the Listing Rules.

Information selectively posted on HC. Y the two highest level public officials of AUL will cause people like BOZ and Vert to strongly consider buying. Likewise the abject dismissal of issues raised on the negative can and will drive selling.

These informations are either meaningless or material. If meaningless they are misleading, if material they are to be announced on the ASX platform.

These directors can also take private phone calls but again the information provided should be no more or no less than information provided to All investors via the ASX announcements platform.

Either don’t do it, or PUT THE Co in a trade halt, run the Q/A and then announce all Qs with As to the ASX and remove the TH