What actual civil or criminal act in breach of the corps law are you accusing the board of HML of committing?
You can't go on a fishing expedition. HML doesn't have to prove their innocence its up to you/ASIC to prove guilt.
Its not illegal for a share price to fall. Its not illegal for shareholders to lose money. Its not illegal for a company to be suspended. Its not illegal for a company to be delisted. Its not illegal for a company to go bankrupt.
ASIC needs to build a good case to take HML to court and make it stick, I have a personal opinion about all of that, we shall see how it pans out.
HML Price at posting:
$1.99 Sentiment: Sell Disclosure: Not Held