Ann: ASIC Determination, page-24

Quoted from the Corporations Act cited in the announcement:

(4)  The prospectus must either:
mce-anchor
(a)  inform people of their right to obtain a copy of any of the following documents:
mce-anchor
  (i) the annual financial report most recently lodged with ASIC by the body;
mce-anchor
(ii)  any half-year financial report lodged with ASIC by the body after the lodgment of that annual financial report and before the lodgment of the copy of the prospectus with ASIC;
mce-anchor
(iii)  any continuous disclosure notices given by the body after the lodgment of that annual financial report and before the lodgment of the copy of the prospectus with ASIC; or
mce-anchor
(b)  include, or be accompanied by, a copy of the document.

This was just a time wasting measure by management. Why would ASIC ever let them lodge a prospectus using the previous financial report? Seems like the company has been putting off lodging the half yearly to lodge a prospectus using the previous (false) financials. I hope I am wrong but given recent behavior this seems likely.