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20/08/18
08:13
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Originally posted by jimone
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The excesses of previous management was something that was covered as part of our visit Bid.Rod. We spent some time with the accountants at the town office, complete with in-ground pool, to see where the money went and what was going on with previous management. As the leases are coming due Richard is getting rid of the ridiculous and replacing things with the necessary and practical. It is beyond belief what they got up to with our money. We where not told anything price sensitive, like current financial position, yet I am still reluctant to go into any detail other than to say if I didn't see the numbers and where some, a lot, of the money went with my own eye I would think they where having a lend of us. Some of the things they got up to is not something you would expect an ASX listed company to be involved with. They are still trying to get on-top of it all, what a turn out.
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Can I ask why they have never been held accountable for what is nothing less than theft (shareholders money) Fraud ,insider trading ( selling before TH) If the evidence is there why have A.I.S.C never raised one question or SH sued???