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03/10/19
16:00
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Originally posted by Mickem:
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Hi King Kev hopefully we will get more info out of the quarterly, on sales for the quarter etc i'm happy to wait on quarterly but the company should aim to provide as much info as they can in between, right now people know the name and therefore size of these 2 trail lakes, they might not know potential contract price/margins etc but they know the names of the lake which is more than i know and i don't like that. is there any either company rule or asx rule that would stop a factory worker/ lower management trading in shares right now, NO if there was the directors would not be trading shares. do they have an advantage over me right now YES is this a level playing field ? if management reads this please explain to the market what parts are confidential, and why would the name of the lakes be confidential and also look at weather the company should have a policy in place with share trades for employee under these conditions. thanks mickem
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Sorry, are you referring to the lake in China? The announcement said East Lake in Wuhan.https://en.wikipedia.org/wiki/East_Lake_(Wuhan) That's the trial lake..... They are doing it in a small area right at the start, and there's no reason why they should tell you the exact spot. i.e. the east side near to the building of whatever; that's just not required.