The discrepancy between this report and company disclosures is quite distressing for shareholders, as has been commented on by many. I was curious if the views held were unreasonable, or the co was potentially operating outside ASX requirements, so I looked them up. You can read them in this pdf file: https://www.asx.com.au/content/dam/asx/rules-guidance-notes-waivers/asx-listing-rules/rules/Chapter03.pdf available from here: https://www.asx.com.au/about/regulation/rules-guidance-notes-and-waivers/asx-listing-rules-guidance-notes-and-waivers.
These are the sections of most relevance:
Ann: Strandline Completes $33.8M Institutional Placement, page-28
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