it seems to be a big load of BS and mostly a nothingness of an 'outcome'.
what was flushed out just prior to this actually, was when I asked whether the Director's should have reported a change in substantial holdinhs following the SPP, via dilution if not actual participation, and what was flushed out was:
Directors -
Norman having done all this offloading "under distribution agreements" but had failed to lodge a notice within 5 days
Matt simply didnt report in 5 days following his AGM voted participation, but at least everyone was aware of that
Top20 -
Fannucci hadnt met their 5 days either
Now with each of their backgrounds, they all know about that requirement to update the market !!
Fast forward to the most recent $3m SPP which by my calcs has diluted them all again > 1% there should have been a change in substantial lodgement, purely on the math of the dilution of the SPP itself IMO !
the compliance culture doesnt seem to be a leading by example one IMO
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