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Thank you for this post. Mmmm undivided loyalty is what we...

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Joannie

11,316 Posts.

672

09/02/23

12:53

Post #: 66156612
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Originally posted by SGTM73: ↑

Thanks for this one @Joannie. I have taken some time to consider the report to ASIC. Although I have never been a Company Director, I am a graduate of the Australian Institute of Company Directors. I do recall the term "Fiduciary Duty". From the AICD - "The overriding duty of a fiduciary is the obligation of undivided loyalty. This obliges the director to act honestly, in good faith and to the best of his or her ability in the company's interests. A director must not allow conflicting interests or personal advantages to override the company's interests."

I have subsequently made a complaint to ASIC regarding what I believe to be a Conflict of Interest for Iain Smith. I cant see how someone with so much to gain, can act in the Company's best interest.

Despite all that, I continue to HOLD. The spud of Lockyer2 is not far away.

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Thank you for this post. Mmmm undivided loyalty is what we expect and have received the complete opposite.Well done on your complaint to ASIC.

I am HOLDING strongly.
I believe that we can win.
GLTAH's

NWE Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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