In the past there have been HC posts pointing out this lack of independence.
Announcement after announcement from GCN has contained pompous sounding statements like SIS, GCN's financial adviser, has recommended . . . , or SIS has agreed to arrange listing on the ASX of Pharmasafe/PriorityOne/FirstMongolian, etc..
In the past it has also been pointed out that these announcements could have avoided hiding a potential conflict of interest if they had read Richard Li of SIS has advised Richard Li of GCN. . ., or on behalf of Richard Li of GCN, Richard Li of SIS has agreed to arrange the listing of . . .
Offhand I can't remember whether GCN paid SIS for its services. What I do remember is that SIS was not successful in getting any of the above companies listed on the ASX.
- Forums
- ASX - By Stock
- GCN
- Ann: Response to Appendix 4C Query
Ann: Response to Appendix 4C Query, page-21
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)