The failure of this fiefdom cohort ‘lead’ by the gatekeeper to...

The failure of this fiefdom cohort ‘lead’ by the gatekeeper to update the market on the true status of AN1’s interest in and royalties entitlement from its Contractual rights with Lyramid’s Midkine, as they undertook to announce updates several times previously, yet have not would , breach Corporations Law and ASX continuing disclosure requirements.

ASIC and the ASX should have taken enforcement action long ago. In consequence of their regulatory inaction the incumbents seem emboldened to fly in the face of their legal obligations and allow shareholders (other than the insiders) to be kept in the dark, if not be deceived, on the true direction of this highly questionable epic.