It was pretty unlikely Auscan were going to put up any real cash. A google of Auscan will reveal that little is known of their financial substance but something is known of previous faliures to perform to / reach agreements elsewhere. It seemed more like a time wasting and self preservation attempt by the existing mob.
PDK, it would be nice to see things "reversed out" by ASIC/ASX from time to time, but I remain cynical about their ability to act in a timely way when it is clear to most that the interests of ALL shareholders have not been met.
I wonder if Alpha Securities have disappeared yet?
Well hepefully we are on the road to change and there will not be any surprises.
TGX Price at posting:
4.0¢ Sentiment: LT Buy Disclosure: Held
