I'm actually furious, and the ASX needs to run a microscope over...

  1. 2,544 Posts.
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    I'm actually furious, and the ASX needs to run a microscope over and throw the book at this company and management.

    I feel like I have been beyond misled by management here.

    The team at Crux Investor have also lost all credibility by allowing Chris to come out and, what feels like to me, lie to investors via their platform.

    Go to around the 13 minute mark to, what I feel is, be misled (pic for reference).

    This was published in mid October, and we were told binding agreements before the end of November.

    It's less than 2 weeks, and the whole project has gone away.

    I'm legitimately trying to understand and questioning how this is possible, let alone legal.

    What was the catalyst to go from "partner is selected, we have 80% of the debt component underwritten by the government and its weeks away" to "we are going to cancel the entire project"?

    Chris must have known the financial position of the company, and the funding required to progress the project.

    What am I not understanding?

    https://youtu.be/1fzeTthx57k

    https://hotcopper.com.au/data/attachments/5693/5693574-1cbb0e1222708256fe04085937da4f79.jpg

 
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