Well, last few days has been informative display of the MO of this company and the people running it:.
Stay with me here its a little wordy and complicated...
Day 1 , (Error 1) Put out a reality bending proclamation of success (a capital raising that raises circa 20% of the amount sought a success? )
Day 2 (Error 2) Put out a relatively innocuous quarterly (with an error that if proof read would have been detected)
ASX intervenes and requires retraction and correction of Error 1 - capital raising proclamation of success Company puts out a terse correction (of Error 1) on the asx, forcing shareholders to play Cluedo to work out what the corrections were. Day 3 The usually docile and asleep at the wheel NZX are awakened and require the company to put out the same correction to NZX The company issues correction on NZX to Error 1 and also decides to try and sneak in a one line correction of Error 2 in the NZX announcement (but not the asx one).
Day 4 ASX are again enlivened and require the company to put out a release correcting Error 2 The company corrects Error 2 on the ASX
Before the company apologists pile in with the usual nonsense, given the above do you trust this company to communicate with shareholders in a transparent and factual manner.
