Ann: GSW - Continuation of Suspension Pending Announcement, page-44

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shaunmac

173 Posts.

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30/01/18

11:06

Post #: 30656275
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Originally posted by PreliminaryP ↑

I wanted to stay out of these threads. But some some of the response to PwC is bordering on the absurd.

As someone who has worked for a big 4 and knows how carefully they are engaged and what services they will provide, I can tell you with 100% certainty,
PWC will not
- comment on the underlying business
- comment on previous or future announcements
- audit or comment on any future looking statements. The bid 4 audit firms never, ever comment on claims of future revenue or events, they only audit historical information.

You will not see a single comment in the press or on a market release saying PWC have reviewed and are comfortable with anything relating to GSW. The only comment you will ever see is "PWC was engaged to assist GSW with the listing requirements of the ASX".

PWC was not engaged to help GSW. The ASX have told GSW that their first reply was so comical and unprepared that they needed to engage someone that knows what they are doing.

PWC will,
- Explain materiality
- Explain in detail the listing requirements
- Guide management in the adequacy of their responses.

If you seriously think this event gives GSW creditability in the market, you don't know the market very well.

Expand

Thanks for your "detailed" explanation Mr short hedge fund who has opened an account on HC just to help push price down, much appreciated.

GSW Price at posting: $2.92 Sentiment: Buy Disclosure: Held
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Ann: GSW - Continuation of Suspension Pending Announcement, page-44

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Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

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The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

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KGL sniffs 19% Cu from drilling at Rockface play in NT

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