While we're jumping on the facts bandwagon, I do want to take the opportunity to address this:
"The substantial holder notice requirements are a joke and are not enforced."
The requirements are not a joke and they are enforced. People have been jailed for non-compliance:
https://www.herbertsmithfreehills.com/insights/2020-02/no-more-hiding-asic-pursues-criminal-charges-for-defective-disclosure-of-substantial
Jan Cameron was convicted nearly 10 years after the offence:
https://asic.gov.au/about-asic/news-centre/find-a-media-release/2023-releases/23-341mr-janet-cameron-found-guilty-of-not-disclosing-her-interest-in-bellamy-s-australia/
Subject to any appeals, she is now automatically disqualified from managing a corporation for five years.
So the facts are:
- Substantial holder notice requirement are enforced
- Notice requirements are not a joke (unless you consider fines, disqualifications and jail time as a joke)
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Last
16.0¢ |
Change
0.015(10.3%) |
Mkt cap ! $142.5M |
Open | High | Low | Value | Volume |
14.5¢ | 16.0¢ | 14.5¢ | $609.9K | 3.991M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 44814 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 562171 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 44814 | 0.150 |
1 | 50000 | 0.140 |
1 | 50000 | 0.135 |
7 | 159032 | 0.130 |
10 | 447766 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 562171 | 9 |
0.165 | 197102 | 5 |
0.170 | 195655 | 4 |
0.175 | 106269 | 3 |
0.180 | 163504 | 5 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
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