Three guys are on track for an ASIC investigation:
Blatantly lied to market about original 5 POC
Announce to market that cash burn significantly reduced, when in fact it had increased
Manipulate to a placement price at all time lows, then announce price sensitive news in a quarterly report the day after rights issue closes
Anything else that is proven and factually misleading?
The above all directly misled investors and have been issued in announcements from the company.
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- Ann: Quarterly Activities Report-ZYB.AX
Ann: Quarterly Activities Report-ZYB.AX, page-34
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