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BAD policy BAD reporting BAD for shareholders BAD management BAD...

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Food4what

240 Posts.

51

30/10/21

06:21

Post #: 57197781
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Originally posted by funkster: ↑

it does appear to me (although I'm no lawyer and might be missing some details) like this is a clear breach of the Continuous Disclosure Obligation clause 3.1 if they have not informed the ASX immediately when it happened -

"3.1 Once an entity is or becomes aware of any information concerning it that a reasonable person would expect to have a material effect on the price or value of the entity's securities, the entity must immediately tell ASX that information."

again, I'm no lawyer but being a "reasonable person" this does not look good.

if anyone here can clarify, that would be good.

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BAD policy
BAD reporting
BAD for shareholders
BAD management
BAD communication

DTC Price at posting: 70.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

1 Great analysis

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