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clown333

221 Posts.

4

06/02/18

06:32

Post #: 30840526
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Originally posted by Nanday ↑

It was short, and to the point. Something along the lines of sorry, my bad, won't do it again.

What would make the non-holders happy? A ten page document that went into all the details of exactly what happened, how the Company Secretary wasn't doing their job because... (enter any scenario you want here). Or maybe nobody bothered to read the ASX requirements, maybe they were too focussed on their customers, their products and making money. Wait! That's what I expect a company I invest in to do! Not stay up late at night memorising the ASX requirements regarding new directors. Or writing ten page letters to the ASX with a lot of detail about what went wrong.

This was a slap on the hand, not a precursor to a raid on the GSW offices (which apparently don't exist anyway) where the ASX Swat team screams at them to get out their laptops and type 1000 times "I must declare any new directors".

Which by the way the ASX specifically says they do not have the power to do. So what do the downrampers want? That they should report it to ASIC? Because somebody took 6 WHOLE WEEKS to declare a new director. Arrest them, close down the company, whatever it takes to stop this monstrous crime from happening again.

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GSW Price at posting: $2.92 Sentiment: Buy Disclosure: Held
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