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Ann: SP1 delisted from ASX, page-419

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naomhan

1,180 Posts.

1068

11/11/22

15:57

Post #: 64723332
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Originally posted by vivRookie: ↑

Those are the official reasons given by the Regulator.
1. Directors putting their snouts in the trough ( viz performance shares, etc) is ry common n most get away with it. We SHshould've been asked if we are happy to keep this company going. Instead, ASIC pretending to protect our interest, wiped out our shateholding. I've yet to see the Regulator do anything useful, rather than legalistic.
2. The fact that JK gave up the Court battle against asic proves zilch about its merit. It's just a fact that a small company cannot fight a deep pocket Regulator funded by us taxpayers.

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Also, we folded the ASX case, as plaintiffs. The lawsuit brought against us by the government regulator continues.

SP1 Price at posting: $1.07 Sentiment: Sell Disclosure: Held
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0 Great analysis

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