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Ann: Response to ASX Query, page-19

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  1. 12,191 Posts.
    lightbulb Created with Sketch. 39
    Well therein lies the problem.

    I found this in a library book one day...

    Lets say Company A makes a statement and doesn't follow through because it actually wanted Company C to be first to market AND also have a better funding package.
    Now it has complied, to ASX, that in its response "it knows nothing", ASX then has it in writing and ASX is absolved in any future litigation.
    Who do the shareholders turn too as Company A goes from first to last, receives no permits, funding and has to sue for recovery.


    Just a thought.
 
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