I expect ASIC is intimately involved and probably advising MCT on their current course.
There is no way MCT could propose the following without ASIC explicit approval. "Metalicity is also seeking an order that approximately 60 million being shares held by the defendants be
vested with Australian Securities and Investments Commission (ASIC) and sold".
MCT Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
