From a Trading Pause to a Trading Halt to a possible Voluntary Administration of a 100% subsidiary to a Voluntary Suspension from the ASX all in 12 hours??? This is the second time they pulled this trick in a short period, the last one was back in September last year when the share price was around the 1.3cents.
There is something to slick and quick about this...the wording of the announcement has an air of arrogance about it that does not indicate any regret or apology to the shareholders for such abject failure by the current Board.
I hope the VA kicks up something to nail the Board of SFG on as this article clearly highlighted the end was nigh but the SFG Board refused to accept - misleading perhaps or just utterly blind to reality?
https://www.abc.net.au/news/rural/2022-12-02/seafarms-new-review-finds-project-sea-dragon-can-proceed/101724498
I also wonder if Mick McMahon has any legal recourse for his rather abrupt removal or right to recovery for the loss of econiomic value with the share disposal as a fallout.
From a Trading Pause to a Trading Halt to a possible Voluntary...
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