Advised Capital Structure's are usually wrong and not transparent

  1. 205 Posts.
    lightbulb Created with Sketch. 75
    This is a gripe of mine. When looking at an announcement, for some micro cap explorer, or other company type, one of the first things you check is the shares on issue.
    The thing is, on my platform, they are nearly always wrong. Certainly well over 50% of the time.
    Here's an example, which shows a huge discrepancy:
    From a company presentation: This was announced in February!
    https://hotcopper.com.au/data/attachments/6304/6304180-ea5be1762942ccde07a5cf137e228a90.jpg

    Today on the trading platform:

    https://hotcopper.com.au/data/attachments/6304/6304183-5c1cdc12c4298022d7a5f66e82f0173e.jpg
    Then there is the lack of clarity over options and unlisted shares. This information ought to be a mandatory part of a price sensitive announcement and the trading platforms should find a way to keep their records up to date.

    I'd be interested in knowing if other investors are as frustrated by this, or if it's just me.

 
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