Ann: Trading Halt, page-3

  1. 186 Posts.
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    Not sure I would categorise a breach of the Corporations Act, affecting many share transactions, and requiring a motion to the Supreme Court to minimise the damage, as a “schoolboy error”.
    This was not a minor failure, such as not notifying the ASX of changes in a director’s shareholding, but was part of a Company acquisition, where all the necessary procedures should have been on a checklist.
    Very sloppy in my opinion, and doesn’t inspire confidence in the Company’s administration.
 
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$2.93
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