Ann: December 2020 - Half Year Accounts, page-41

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Thertrius

262 Posts.

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25/07/21

17:57

Post #: 54758438
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Originally posted by sabine: ↑

Probably it was good advice to you along the lines of ‘pull your head in’ until you can argue on facts rather than fluff?

Because you seem fluent and, I think, could likely debate intelligently if you had relevant background.

I reckon a good start is to ask your PA to email for the administrator’s report.

Currently you seem prepared to debate it with vigour despite not knowing what it contains.

There’s a military adage that Alex Cheeseman probably knows about ‘SIX P’s’

”proper prep prevents piss poor performance?”

It is your right as a shareholder to access this report.

Why not avail yourself of your rights?

Cheers

..” Investors can either choose to believe the company was likely insolvent from early 2020 as per the administrators report or they can decide it wasn't.

Same goes for whether floor prices held. They can choose to accept the results of the report based upon statements from directors and other investigations that formed the basis of the report or can decide it is untrue.

Personally I do not believe anyone in their right mind can look at that report and conclude the company was not trading insolvent. Now let me be clear, that is not the same thing as the directors necessarily acting illegally. I'm referring to early safe harbour and subsequent covid relief provisions…” [Ref Slasx 17/05/21]

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again please quote where the report says

"the company was operating while insolvent"

the floor price being broken evidence is an email that is different everytime it is shared, although I'll give it to you that the last version of this email was quite clear the floor broke by a very negligible amount - I believe circa $20 per tonne

AJM Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
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Ann: December 2020 - Half Year Accounts, page-41

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