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1.6¢ sky and space company ltd

grounds for a class action IMO if the money raised just funds...

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Salubrious

6,601 Posts.

1594

15/04/19

20:50

Post #: 38150986
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Originally posted by dolphinwrestler: ↑

If a prospectus was released for a CR, then so soon after the CR the company changes tack so drastically, is there any requirement for the company to go back to those SH's that partook in CR for a vote for using that capital for a purpose differing from the advertised intentions?

It's like if I asked mum for 5 bucks to buy bread and milk and I go and buy coke and mars bars instead. Mum is not going to be pleased.

I'm just wondering what accountability there is?

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grounds for a class action IMO if the money raised just funds Meir and his cohorts lifestyle for the next year. if it's true there's nothing to show for past CR's they have a lot to answer for.

SAS Price at posting: 2.8¢ Sentiment: None Disclosure: Held
8 Upvote

0 Great analysis

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