APG 0.00% 0.2¢ austpac resources nl

I first purchased in 2008 and due to believing management's...

  1. 106 Posts.
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    I first purchased in 2008 and due to believing management's reports continued to buy from there. Now lost 96.5%. Apart from the years of management's wealth destruction what I find now outrageous is that the ASX is only now questioning details of "placement of securities' in 2016, 2017 and 2019.

    If something as basic as issuing securities as far back as 2016 was questionable , why has it taken until June 2021 to send a query. Don't we rely on the ASX to be the watchdog of the companies trading under their banner?

    It's an expensive lesson to learn that this is the time frame they work with.

    GLTA
    Bardot
 
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Currently unlisted public company.

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