Not necessarily true @havingago. The announcement is somewhat ambiguous in stating "...after a range of issues of shares after 4 April 2018."This could mean pre-current board; or pre and current board issues of shares. We just don't know. To me, it means various issues (plural) of shares from that date to the present.
If the company was made aware of a failure to lodge a cleansing notice, they can make an application under s1322(4) of the Corporations Act to rectify ANY irregularity/irregularities uncovered.
In other words, if a recent error was uncovered...leading to a discovery of other historical irregularities at the company, this would be a chance for the company to review ALL previous issues of shares and potential breaches and make an application to rectify all such irregularity//irregularities uncovered.
The truth will come out eventually ...
Not necessarily true @havingago. The announcement is somewhat...
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