GXY 0.00% $5.28 galaxy resources limited

Ann: Change in substantial holding, page-32

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  1. 2,559 Posts.
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    Actually is just another example of how toothless and useless ASIC is doing their job.
    The ann. covers their Ausbil's trading starting from 6 months ago but thanks to our bs system they never reported any changes in shareholding until now despite already being substantial holders back in March.
    Not sure why they even bother reporting this stuff unless is to try and move the share price.

    I think a Royal Commission into trading on ASX is long overdue and should also cover regulation to enforce disclosure within 3 days of any trading or lending of shares by substantial shareholders with large daily fines for not reporting the changes.
 
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